PROVIDENCE – October collection of the 5 percent hotel tax in Rhode Island totaled $2.02 million, a $12,469 decline from one year prior at $2.03 million, according to the R.I. Department of Revenue Thursday.
Traditional hotels accounted for the bulk of collections at $1.97 million, compared with $46,725 from hosting platforms and room resellers.
Of that total collection in October, $764,941 was distributed to regional tourism districts, a $63,559 increase from October 2017. The regional tourism district recipient with the largest allocation for the month was Aquidneck Island, receiving $373,124, a 19.2 percent increase form $312,919 one year prior.
The DOR noted that the allocation percentages were adjusted following June 30, 2018, affecting allocations to the R.I. Commerce Corp., regional tourism districts and the Providence Warwick Convention & Visitors Bureau.
Municipalities received an allocation of $471,610 in October, a $3,334 decline year over year. Newport was the largest recipient of municipal allocations from the tax at $130,341, followed by Providence at $96,833.
The R.I. Commerce Corp. received $539,170 in October, a decline of $78,189 year over year.
The Providence Warwick Convention & Visitors Bureau was allocated $245,742 in October, a $5,495 increase year over year.
Fiscal year to date in October, collection of the 5 percent hotel tax totaled $10.77 million, a negligible increase from one year prior.