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Tampa Bay tourism notches billion-dollar hotel tax
Friday, 02 Feb, 2023
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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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