Expansion of 1% hotel tax drives year-over-year gains for R.I. towns, cities

THE CHANLER at Cliff Walk and The Spiced Pear at The Chanler have been nominated for 2016 Historic Hotels Awards of Excellence from Historic Hotels of America and Historic Hotels Worldwide. / COURTESY THE CHANLER AT CLIFF WALK
NEWPORT EXPERIENCED a 15.8 percent increase in collections of the 1 percent hotel tax in August (the Chanler at Cliff Walk is pictured), part of a strong year-over-year trend that was largely driven by the state's extension of the tax to include online hosting platforms, such as Airbnb, and home rentals. / COURTESY THE CHANLER AT CLIFF WALK
PROVIDENCE – Thanks to the expansion of the state’s 1 percent hotel tax to include online hosting platforms and home rentals, revenue for August 2017 derived from the tax experienced a 28.2 percent increase to $769,360, according to a report issued by the state Department of Revenue Wednesday. Year-to-date tax collections also experienced a bump…

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