PROVIDENCE – Collection of the 5% hotel tax in Rhode Island in February declined 5.3% year over year to $947,887, according to the R.I. Department of Revenue Friday.
Of that collection, $890,478 was collected from traditional hotels while $57,411 was collected from hosting platforms and room resellers.
Figures for February precede the mass shutdown of the state due to COVID-19. The hospitality industry has been hit particularly hard by the pandemic.
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The following is a breakdown of February’s allocation of 5% hotel tax revenue:
- Regional tourism districts were allocated $342,441 of the tax for the month. The largest of these allocations was to Aquidneck Island (108,153).
- Municipalities were allocated $215,661. Providence had the largest share of this allocation at $66,092.
- R.I. Commerce Corp. was allocated $253,841.
- The Providence Warwick Convention & Visitors Bureau received an allocation of $135,945.
Fiscal year to date in February, collection of the 5% hotel tax totaled $15.4 million, a 4.3% increase year over year.
