We are in this together

The PTDD was formed by utilizing the Maine State Development District Law.  Based on the law, the properties within the district will be assessed.  Assessed properties are non-seasonal lodging properties within the City of Portland with more than 40 rooms.  All combined assessments will make up the marketing budget for the district. 

The ability to form the district is through the Maine State Development District Law.  It’s the same concept as the Portland Downtown District.  The law requires a formula to establish an assessment amount for each property.      

The formula used begins with your hotel classification, as defined by STR.  It’s then based on 50% occupancy x the US average ADR for that classification.