Tampa, FL (October 31, 2022) – Visit Tampa BayThe company announces its fiscal results, highlighted by record-breaking tourism collections in every month. The entire fiscal year’s taxable hotel revenue was $963.632,597. This estimated visitor spending impact is over $8 billion.
Collections of tax for tourist development 2022Fiscal year 2015 was $57,843,695, an increase of 56.5% over the previous fiscal year. TDT collections for September, which reflect August collections, reached $4,127,000. This represents a 24.4% rise over the September 2021 record.
“It has been a historic year for Tampa Bay tourism with numbers reaching never-before-seen milestones. While we are funded on hotel revenue collections, those numbers reflect only a fraction of the economic impact of the industry on our community. In fact, hotel revenues are usually similar to those revenues collected individually for categories including recreation, transportation and retail directly as a result of visitor spending and all are massively outweighed by food and beverage spending,”Santiago C. Corrada is President and CEO of Visit Tampa Bay. “We are so grateful to work with community stakeholders and partners that help us to push our economy forward, keep over 50,000 of our residents employed, while keeping their taxes low by supporting state and local taxes.”
The Virgin Atlantic flight from London Heathrow to Virgin Atlantic has seen an increase in international travel. TampaThe impact of the Michelin Guide, new attractions, and extended efforts in Latin America are all part of our continued efforts. Tampa Bayis well-positioned for greater success in the new fiscal year.
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