Lodging tax collections rise

One month after taking a dip, a measure of local hotel and motel businesses has resumed an upward trend.

According to a Grand Junction Visitor & Convention Bureau report for March, $62,400 in lodging taxes were collected. That’s 7.4 percent more than the $58,124 collected for the same month last year. Because lodging tax reports lag a month behind, March collections reflect hotel and motel stays in February.

Lodging tax collections have increased on a year-over-year basis in four out of the last five months, the exception a 2.3 percent decrease reported in February.

For reports for the first quarter of 2014, 182,467 in lodging tax were collected. That’s a 5.1 percent increase over the same span in 2013.

The VCB reported a 2.3 percent decrease in the number of visits to the Grand Junction Visitor Center in March compared to the same month last year and a slight dip in the number of visits to the center during the first quarter of 2014 compared to the first quarter of 2013.

The Business Times has served as the definitive source for Grand Junction business news since 1994. The journal offers news, views and advice you can use twice each month in print with daily updates online at www.TheBusinessTimes.com
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Posted by on Apr 16 2014. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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