Tampa Bay tourism celebrates best year ever

Friday, 01 Nov, 2023 0

It has been another banner year for Tampa Bay tourism.

Visit Tampa Bay achieved its best fiscal year ever with nearly $1.1 billion in taxable hotel revenue.

September numbers (which complete the year) show record growth with the Tourist Development Tax (TDT) for the month reaching $4,381,758, a 6.2% increase over last year.

September’s hotel occupancy rate also increased 3.2% to 63.7%.

The average daily rate (ADR) came in at $139.93 with RevPAR at $89.15.

“It’s a remarkable display of collective effort. We take immense pride in every individual in our industry,” said Santiago C. Corrada, President and CEO of Visit Tampa Bay.

“Tampa Bay has proven it sets standards that others strive to follow.”

One of the core contributors was a busy summer for conventions.

It grew hotel revenue by 10% over last year.

Tampa Bay tourism was also recognized as leading the way in hospitality recovery, achieving the #1 spot amongst the top 25 US markets in the Hospitality Group and Business Performance Index from Knowland and Amadeus.

Visit Tampa Bay plans attracting more conventions, group business, and leisure travelers to maintain its leading position.

Learn more about : Visit Tampa Bay ( N. America )

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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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