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Lodging tax revenues continue to slide

Lodging tax revenues continue to decline in Grand Junction, although the latest decrease was the smallest in a six-month slide in hotel and motel business.

According to the Grand Junction Visitor & Convention Bureau report for May, $92,453 in lodging tax revenues were collected, 2 percent less than what was reported for the same month last year.

For reports covering the first five months of 2013, a total of $345,603 in lodging tax revenues was collected. That’s a 6.2 percent decline from the same span in 2012.

Since lodging tax reports lag a month behind collections, the May report reflects hotel and motel stays in April. Reports for the first five months of the year reflect business between December and April.

Lodging tax revenues have declined on a year-over-year basis for six straight months. Prior to the report for December, revenues had increased 16 consecutive months.

The VCB also reported a nearly 30 percent increase in unique visits to its Internet website located at www.visitgrandjunction.com during May, bringing the gain in year-to-date website visits to 19.7 percent.

The number of visitors counted at the Grand Junction Visitor Center dropped 17.1 percent in May to 1,716. Through the first five months of the year, visits to the center have dropped 22.1 percent compared to last year.

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 Jun 13 2013. 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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