PROVIDENCE – Collection of the 5% hotel tax in Rhode Island in February totaled $521,797, a 45% decline year over year, the R.I. Department of Revenue said on Monday.
Traditional hotels accounted for $469,049 of the total collection for the month, while hosting platforms and room resellers accounted for $52,748.
- Regional tourism districts were allocated $202,632 of the tax, the largest share of which was for Aquidneck Island at $87,193. The Convention Authority of Providence saw the largest nominal decline year over year of all districts, galling $79,623 year over year to $25,260 in February.
- Municipalities were allocated a combined $130,449 of the tax in February. The largest allocation to any municipality in February was to Newport at $30,092. The largest nominal year-over-year decline in municipal allocation was in Providence, falling $45,042 to $21,050.
- R.I. Commerce Corp. was allocated $117,262 of the tax for the month.
- The Providence Warwick Convention & Visitors Bureau was allocated $51,285 of the tax in February.
Fiscal year to date in February, collection of the 5% hotel tax in Rhode Island totaled $8.8 million, a 42.7% decline from collections one year prior.
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