Magazine article Nation's Cities Weekly

Hotel Tax Study Reveals Economic Value of Visitors to Local Community and Government Coffers

Magazine article Nation's Cities Weekly

Hotel Tax Study Reveals Economic Value of Visitors to Local Community and Government Coffers

Article excerpt

Hotel tax contributions in Phoenix infuse the local economy with $166 million annually, having an enormous impact on city, county and state government operations.

A ease study presented by the Destination & Travel Foundation shares how the Greater Phoenix Convention & Visitors Bureau (GPCVB) captured hotel tax information illustrating the economic impact of visitors in its community.

The study shows that the average guest room in Phoenix generated more than $6,300 in taxes in 2008. In all, hotels in the City of Phoenix paid more than $166 million in combined property and sales taxes in 2008 $20 million of which went toward funding local school districts.

Real-estate property taxes alone accounted for more than a quarter of the tax contributions. That means each guest room in Phoenix generated $1,710 in property taxes--or 8 percent more than the median household in the city.

"The average hotel room is much smaller than the average house and a hotel guest uses a fraction of the government services provided to residents," said Steve Moore, president and CEO of the GPCVB. …

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