Items Types:
Economic Development
For Meeting of:
April 20, 2015
District: 5 From:
Contract ID: Document Number:
Exhibits: Yes On File (City Clerk) : Yes Draft Only: No
Grant Received by City?: No

TravelClick Amended Qualified Target Industry Tax Refund Resolution (Phase II)


TravelClick, Inc. (TravelClick) is the leader in hotel ecommerce solutions, providing a continuous flow of high-value online bookings to hotels worldwide.  As a one stop shop, TravelClick offers market intelligence, distribution, and digital marketing solutions delivered with personal attention and local market expertise.  

TravelClick relocated from Orange County to a larger location at 501 W. Church Street, in Downtown Orlando’s Parramore Community, in September 2013.

On December 9, 2013, the Orlando City Council approved a Qualified Target Industry (QTI) Tax Refund Program Resolution for the creation of an additional 150 new jobs by the company.

The resolution contained a payment schedule for local financial support pledged by the City.  TravelClick has revised the job creation schedule contained within that resolution.  The payment schedule needs to be amended to coincide with the updated job creation schedule.

This amended resolution will supersede and replace the resolution adopted on December 9, 2013.

Under the QTI incentive, the State of Florida will provide a total of $6,000 per job to TravelClick, which includes the local financial support. City staff proposes to provide the local 20% QTI match - up to $1,200 per job created paying an average annual wage of $47,701. Under this arrangement, the City of Orlando would provide $180,000 as an incentive over a six-year period. City staff is recommending this match because TravelClick is: 1) a targeted growth industry; 2) is in the process of creating 252 new jobs under its existing QTI incentive; 3) has already invested more than $1.3 million in construction and equipment in Phase I; 4) creating an additional 150 new jobs; and 5) investing more than $1.5 million in Phase II.

Florida's QTI program includes strict accountability requirements of the applicant.

The pledge of funds pursuant to this resolution shall be contingent upon TravelClick meeting its job and wage obligations under the program and future budget appropriations by the Orlando City Council. 

Fiscal & Efficiency Data: Fiscal impact statement attached.

Recommended Action:
Approval of the TravelClick, Inc. Amended Qualified Target Industry Tax Refund Resolution (Phase II) and authorizing the Mayor or Mayor Pro Tem and City Clerk to execute same, subject to review and approval of the City Attorney's Office.

Agenda Item attachment(s) on file in the City Clerks Office.

Note: All agenda items must be in the City Clerk's office by Noon Friday, six(6) business days prior to the regular Monday City Council meeting.

Contact: Kim King
Approved By:

Department Date and Time
Budget Outside Routing Approval 4/8/2015 4:39 PM
City Clerk 4/8/2015 4:44 PM

Name: Description: Type:
TravelClick_Amended_FIS_(Phase_II).docx Fiscal Impact Statement Fiscal Impact Statement
Amended_QTI_Resolution_-_TravelClick_(phase_2).docx Resolution Resolution Letter

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