PROVIDENCE – Collection of the 1 percent hotel tax in October totaled $502,734, 40.9 percent higher than October 2016’s $356,897 collection, according to the R.I. Department of Revenue Wednesday.
Of October’s collection, $107,912 was attributed to the expansion of the hotel tax to include online room resellers, vacation home rentals and internet platforms. In 2016, the expansion accounted for $6,645.
In New Shoreham, 1 percent hotel tax collections increased $82,291 year over year to $84,882, the largest nominal increase of any municipality in October. The majority of collection ($78,557) in New Shoreham was attributed to realtors and homeowners.
Providence accounted for the largest collection of the 1 percent hotel tax with $120,040 in October.
Fiscal year to date, the state collected $2.6 million in October, a $408,221 increase year over year. The largest collections fiscal year to date in the Ocean State were in Newport ($665,929), Providence ($465,692), New Shoreham ($285,535), Middletown ($278,514) and Warwick ($237,830).
Chris Bergenheim is the PBN web editor.
