PROVIDENCE – Collection of the 5% hotel tax in Rhode Island in October increased 4.6% year over year to $2.5 million, according to the R.I. Department of Revenue.
Of the total from figures released on Dec. 6, $2.4 million came from traditional hotels and $88,928 came from hosting platforms and room resellers.
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Tourism districts in the state were allocated $978,912 of the tax collection for the month. Of all tourism districts in the state, Aquidneck Island was allocated the largest amount at $489,065.
Municipalities were allocated $572,170. R.I. Commerce Corp. received $651,654 and The Providence Warwick Convention & Visitors Bureau was allocated $285,294 of the tax for the month.
Fiscal year to date, collection of the 5% hotel tax in October rose to $14.8 million, a jump of 13.2%, or $1.7 million, from collection totals at that time one year prior.
Fiscal year to date in October, collection of the 1% meal and beverage tax increased 20% to $14.8 million.
The DOR also released its 1% local hotel tax report on Dec. 6. Collections of the tax in October increased 4.4% year over year to $542,931.
Collections from traditional hotels increased 4.8% over the year to $484,267 in October, while collections from Realtors and homeowners dropped 54.4% to $17,786. Room resellers and hosting platform tax collections increased 119%, to $40,879.
Fiscal year to date, collection of the 1% hotel tax in Rhode Island in October increased 14.5%, to $3.4 million.
