5% hotel tax collection jumps 70.9% Y/Y in Aug.

COLLECTION OF the 5% hotel tax in Rhode Island in September increased 75% year over year to $2.9 million. / PBN FILE PHOTO/JAMES BESSETTE
PROVIDENCE – Collection of the 5% hotel tax in Rhode Island in August increased 70.9% year over year to $3.8 million, the R.I. Department of Revenue said Monday. The figures reflect a partial rebound for the hospitality industry after being decimated by the COVID-19 pandemic. Of the total, just under $3.7 million came from traditional…

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