DOR: 1 percent hotel tax collections increase 14.8% in fiscal 2018

LOCAL 1 PERCENT hotel tax collections totaled $5.1 million in fiscal 2018. Realtors and homeowners accounted for $763,806 in collections in the fiscal year, while hosting platforms and room resellers accounted for $129,031. / COURTESY DURKIN COTTAGE REALTY
LOCAL 1 PERCENT hotel tax collections totaled $5.1 million in fiscal 2018. Realtors and homeowners accounted for $763,806 in collections in the fiscal year, while hosting platforms and room resellers accounted for $129,031. / COURTESY DURKIN COTTAGE REALTY
PROVIDENCE – Collection of the 1 percent hotel tax in fiscal 2018 totaled $5.1 million, a 14.8 percent increase from fiscal 2017 when collections totaled $4.4 million, according to the R.I. Department of Revenue Wednesday. Collections for the fiscal year included $4.2 million from hotels, compared with $3.8 million one year prior. Hosting and room…

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