5% hotel tax collection plummets 70% Y/Y in April

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PROVIDENCE – Collection of the 5% hotel tax in Rhode Island declined 70.3% year over year in April to $408,831, the R.I. Department of Revenue said July 7. The decline reflects a sharp downturn in hotel occupancy caused by the COVID-19 pandemic. Traditional hotels accounted for most of the collection at $405,173, while hosting platforms…

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