PROVIDENCE – The collection of the 5% state hotel tax totaled $926,330 in January, a 20.2% increase over January 2018, according to the R.I. Department of Revenue Thursday.
Allocations for the various recipients all saw increases over the year:
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- Regional tourism districts increased 30.2% to $328,198
- Providence Warwick Convention & Visitors Bureau saw a 21.8% increase to $135,190
- Municipalities where the tax was collected received $211,740, an increase of 19.4%
- R.I. Commerce Corp. saw its allocation grow 9% to $251,203
The largest allocation to an individual regional tourism district in January was to the Convention Authority of Providence at $98, 041, while the largest individual allocation was $98,172, which went to Providence and Warwick hotels. The largest municipal allocation was to Providence at $62,908.
Of the total $926,330 collected, $896,716 came from hotels, while hosting platforms and room resellers took in $29,614, compared with $758,245 and $12,589 in January 2018, respectively.
Fiscal year to date, collection of the 5% hotel tax totaled $13.8 million, a 1.3% year-over-year increase. Through the first seven months of fiscal 2019, the largest municipal allocation went to Newport, at $899,480. The largest single allocation was for the Aquidneck Island regional tourism district, at $2.4 million.
Chris Bergenheim is the PBN web editor. You may reach him at Bergenheim@PBN.com.
