PROVIDENCE – Collection of the 5% hotel tax declined 41.9% year over year in January to $473,026, the R.I. Department of Revenue said Friday.
- All allocations of the hotel tax from January to regional tourism districts totaled $181,673, the largest of which was $80,567 to the Aquidneck Island district. The tourism district with the largest nominal decline in allocation was to the Convention Authority of Providence, with its allocation declining $58,592 year over year to $23,248.
- Municipalities were allocated a total of $118,204 for the month. Providence was allocated the most out of any municipality in the state, receiving $19,321. The city also saw the largest year over year decline in allocation of the tax, falling $35,875 from one year prior.
- R.I. Commerce Corp. was allocated $121,448 of the tax collection for the month.
- The Providence Warwick Convention & Visitors Bureau was allocated $51,700 of the collection in January.
Of the total collection in January, $760,691 came from traditional hotels, while $53,511 came from hosting platforms and room resellers.
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Fiscal year to date in January, collection of the 5% hotel tax in Rhode Island totaled $8.3 million, a 42.6% decline year over year.
