July Hotel Collections Continue To Elevate Tampa Bay Tourism

July Hotel Collections Continue To Elevate Tampa Bay Tourism

Tampa, FL (September 8, 2022) – Visit Tampa BayAnother solid month of tourist tax collection reports JulyThis figure reflects June hotel stays and was over $4.6M. This represents an increase of 15.3% over the same month in 2021. According to STR, Inc., Hillsborough County hotel occupancy held steady in JulyAveraging 68.1% and hotel revenue exceeding $70M. ADR reached an average of $128.87 while RevPAR averaged at $87.75. 

TDT total collections reached $49,571,856 in the first ten month of the fiscal year 2022, an increase of 68% over the period in 2021 and surpassing all previous collections. 

“Delivering our best tourism collections in any fiscal year, and with two months of the current fiscal year yet to be accounted for, is an astonishing accomplishment for the hospitality industry and validates the resources that Visit Tampa Bay has exercised for the economic growth of our community,”Santiago C. Corrada is President and CEO at Visit Tampa Bay. “As we move towards the end of the fiscal year and our competition is spending tens of millions of dollars to overtake our community, we will continue to find creative ways to compete and grow our position as an industry leader.”  

In total, Tampa BayThe fiscal year’s taxable hotel revenue was $826.1 Million. As the BayThe momentum will continue through 2022 thanks to the creative campaigns and Crafted. 

* www.visittampabay.com – * Source link

Joseph Hubbard

Joseph Hubbard is a seasoned journalist passionate about uncovering stories and reporting on events that shape our world. With a strong background in journalism, he has dedicated his career to providing accurate, unbiased, and insightful news coverage to the public.

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