Visit Richmond
Richmond's councils are considering an Accommodation Business Improvement District to fund tourism promotion, but a recent study found insufficient sector support.
A feasibility study into an Accommodation Business Improvement District (ABID) for Richmond, presented to the Finance, Policy and Resources Committee in September 2026, indicated potential to generate between £300,000 and £900,000 annually. However, the study also revealed insufficient support from the accommodation sector to proceed with a ballot.
The proposed ABID aimed to promote the borough as a visitor destination, aligning with the objectives of Visit Richmond. The feasibility report estimated that the development and set-up costs for a new ABID would be around £10,000 plus VAT.
Key facts
- A feasibility study for an Accommodation Business Improvement District (ABID) was presented to the Finance, Policy and Resources Committee on 24 September 2026. Source
- The ABID feasibility study indicated potential to generate between £300,000 and £900,000 annually. Source
- The study found insufficient support from the accommodation sector to proceed with an ABID ballot. Source
- Estimated development and set-up costs for a new ABID are around £10,000 plus VAT. Source
About this summary
This summary was written automatically from our published stories and the council meeting records they draw on. It describes what councils have discussed and decided; it does not take a view on any decision. Each key fact links to the story it comes from. Updated 30 September 2026. Spotted a mistake? Email community@opencouncil.network.