The Plaza's reopening comes just a day after New York City Mayor Bill de Blasio signed an executive order that eliminates the 5.875% hotel room occupancy tax rate for three months, starting June 1. The move will allow hotels to lower the cost of their rooms, de Blasio said, which could urge tourists to return.
“As our COVID rates continue to plummet and we continue to drive a recovery for all of us, tourists will be coming back to New York City in droves. We’re ready for them,” the mayor in a statement said Wednesday. “By eliminating the hotel room occupancy tax for this summer, we’re accelerating our economic recovery, saving jobs and providing relief for one of our hardest-hit industries.”