DOR: December 5% hotel tax revenue collection up 7.2% year over year

DECEMBER 5.0 PERCENT HOTEL tax revenue increased 7.2 percent in December year over year. Fiscal year-to-date collection increased 3.3 percent year over year in December. \ COURTESY RHODE ISLAND DEPARTMENT OF REVENUE
DECEMBER 5 PERCENT HOTEL tax revenue increased 7.2 percent in December year over year. Fiscal year-to-date through December collection increased 3.3 percent./COURTESY R.I. DEPARTMENT OF REVENUE
PROVIDENCE - Rhode Island 5 percent hotel tax revenue was $776,424 in December 2016, a 7.2 percent year-over-year increase, the R.I. Department of Revenue said in a report on Tuesday. Thanks to a change in the allocation of hotel tax revenue, the state’s regional tourism districts saw a 20.4 percent increase in their share of…

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