TBID BIG SKY
TBIDs
Propelling Big Sky Lodging Industry Forward
What is a TBID?
Tourism Business Improvement Districts, or TBIDs, can empower Montana communities to thrive. TBIDs are a powerful tool for enhancing the visitor experience and propelling local economies forward.
A Self Imposed District
TBIDs are created by businesses in a tourism centric zone.
Can be a
TOWN CENTER
Could be a
RESORT AREA
Or a
CITY LIMIT
How it Works
Businesses within the district levy a small assessment on a predetermined basis
Such as $4 per night, per hotel room.
Tourists Pay
Short Term Rentals
and Hotels Collect
Lodging Industry
Directs Funds
&
=
Sub-Committee
Meet the team for the development of the TBID.
Michael Jacquard
Lone Mountain Ranch
Mandy Hotovy
The Wilson
Chris Dunkerson
Yellowstone Club
Courtney Reeves
One and Only
Christian Maeder
The Montage
Chris Torsleff
Stay Montana
Michelle Frederick
Big Sky Resort
Amanda Doty
Wilson Peak Properties
Brad Niva
Visit Big Sky
Tourism Marketing
vs
Our Competitors
Be Competitive with other Ski Destinations
Vail Annual Tourism Budget:
$12,000,000
Aspen Annual Tourism Budget:
$4,545,750
Sun Valley Annual Tourism Budget: $2,100,000
Park City Annual Tourism Budget: $12,600,000
Jackson Hole Annual Tourism Budget: $6,527,144
Big Sky Annual Tourism Budget:
$1,913,333
Why TBID?
1. Increase new airline flights to Bozeman Yellowstone International Airport
2. Increase visitation during slower times of the year
3. Build out a new airline incentive program with air vouchers tied to lodging stays in Big Sky
4. Invest in off-season events to drive new overnight stays
5. Set up grant program for additional product development in Big Sky, example: new activities to drive off-season visitation
6. Use TBID funds to leverage additional BSRAD funds
7. Set aside funds for ”emergency needs” due to lack of snow or wildfire event
TBID funds will aim to:
Total Projected Funds
From Hotel and Short Term Rental Collections
Nightly fee simulations using local hotel occupancy data
(It should be noted the Yellowstone Club will be participating but their numbers are not included in this dataset, it is anticipated that they’ll contribute $10 a night per unit rented)
The Roadmap
For further questions and thoughts about TBID, please fill out the form below. We'd love to hear from you.