Tampa Bay posts record taxable hotel revenues

Friday, 12 Jul, 2021 0

Visit Tampa Bay continues to beat tourist records, reaching $60 million for the first time for the month of June in taxable hotel revenues.

The total of $64 million reflects a 10.74% increase over 2019.

"Surpassing our 2019 record by over 10% in hotel revenues and nearly $1 million in tourism development collections is a tremendous accomplishment," said Santiago C. Corrada, president and CEO of Visit Tampa Bay.

"This is becoming much more than just recovery for us. It’s about exceeding expectations, supporting our partners and community, and keeping the momentum going."

June collections surpassed the previous record set in 2019 by $950,181, a 32.92% increase due in part to the increase of the tourism development tax from 5% to 6% which took effect in 2020.

Visit Tampa Bay is expecting strong July collections.

Additionally, it is hinting at a strong Fourth of July Weekend in which the destination hosted nearly 18,000 visitors across two major events, the United Bikerz Jamboree at the Hillsborough County Fairgrounds and the Elks National Convention at the Tampa Convention Center.

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.

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