Tampa Bay tourism notches billion-dollar hotel tax


Tampa Bay tourism notches billion-dollar hotel tax

Friday, 02 Feb, 2023 0

Tampa Bay tourism ended 2022 with record-breaking  taxable hotel revenue of $1 billion.

Hillsborough County hotel revenue climbed to $1,020,000, a 43.1% increase over the previous year.

“Hitting our billion-dollar hotel revenue goal is a massive achievement for all our partners and the community,” said Santiago C. Corrada, CEO of Visit Tampa Bay.

Visit Tampa Bay had set the billion-dollar target for 2025, which it reached well ahead of schedule.

Tampa Bay tourism supports more than 51,000 jobs and drives nearly $8 billion a year in economic developments.

Tourist development tax collections for December totaled $4.9 million, a 30% increase over the previous record.

Hotel occupancy for December was 71.4% with ADR at $155.



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



 

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Ray Monty



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