Tampa Bay hospitality sector posts record tax revenues again
The Hillsborough County and Tampa Bay hospitality industry continues to perform well as Tourist Development Tax (TDT) collections topped $7 million for the second-straight month.
This is the first time ever in the county’s history that collections have passed $7 million in back-to-back months.
These record hotel tax revenues make April and March 2024 the second- and third-highest months in the county’s history.
April numbers (March collections) increased by 5% month on month, reaching $7,645,261 on the heels of last month’s TDT collections of $7,290,274.
As cumulative collections for the fiscal year reached $39,680,268, April’s hotel occupancy stayed strong at 76.4%, matching last year’s figure.
The Average Daily Rate (ADR) was $181.45 with RevPAR at $138.65.
April and year-to-date Hotel Taxable Revenue remain robust.
“Back-to-back months of near record collections are key indicators that our region remains a top destination choice for business and leisure,” said Santiago C. Corrada, President and CEO of Visit Tampa Bay.
“As we look to summer, we’re honored to welcome major conventions with two world-class organizations to Tampa.
These are the historic Omega Psi Phi Fraternity for their 84th Grand Conclave, and Destination International’s annual convention.
Related News Stories: Visit Tampa Bay – TravelMole Visit Tampa Bay rolls out new branded craft beer Visit Tampa Bay touts success of Riverwalk Attraction Pass Visit Tampa Bay unveils new summer campaign New coaster ride coming to Busch Gardens Tampa in spring New Florida resort set to open in Punta Gorda Orlando highlights new attractions, experiences for 2024 New for 2024 in the Florida Keys and Key West – TravelMole What’s New in San Francisco Princess Cruises launches onboard credit promotion
Related News Stories: Tourist Development Tax Tops $7M in Back-to-Back Months for First ... Tampa Bay's red-hot tourism market has cooled. Here's why: Hillsborough County Surpasses $1 Billion in Hotel Revenue for the ... Post-Hurricane Milton overview, warnings and recovery tips ... Hillsborough County Records Best June Tourism Collections in History Impacts of COVID-19 on the Boston and Cambridge Hotel Industry ... Central Florida's Tourism Industry Generated Record $87.6 Billion in ... AGILYSYS ANNOUNCES FISCAL 2025 FIRST QUARTER RECORD ... Mass Deportation: Devastating Costs to America, Its Budget and ... Visit St. Pete-Clearwater looks to build on record tourism momentum
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Qatar Airways offers flexible payment options for European travellers
Phocuswright reveals the world's largest travel markets in volume in 2025
Airlines suspend Madagascar services following unrest and army revolt
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Skyscanner reveals major travel trends 2026 at ITB Asia