Lodging tax board to vote on Visit Jackson Hole lease at 10 Stormy Circle

The Jackson Hole Travel and Tourism Board is set to approve a new office lease for Visit Jackson Hole at 10 Stormy Circle, with a five year term running Sept. 1, 2026 through Sept. 1, 2031. The lease sets base rent at $7,560 per month, then requires annual increases starting in 2027 of the greater of 3% or the Consumer Price Index, all urban consumers (CPI U) western region. The attachment lists a $22,680 deposit, with $15,120 held as the security deposit. Stormy lease agreement attachment.

For residents who care about how lodging tax dollars get spent, this is the kind of line item that can quietly grow. A 3% floor on rent escalators means the board is locking in a minimum increase even if inflation cools, so it is worth asking at the meeting how the location and square footage compare to the prior office, and whether the budget assumes CPI years rather than the 3% minimum. Lodging Tax Board Meeting Agenda.