LITTLE ROCK (TB&P) — January-April hospitality tax collections among 17 cities surveyed for the Arkansas Tourism Ticker were up 3.9% compared with the same period in 2018, and the state’s 2% tourism tax revenue posted healthy growth of 5.2% in the four-month period.
Numbers from the first four months of 2019 are up against broad gains in 2018.
Collections of Arkansas’ 2% tourism set a new record in 2018 and hospitality tax collections among 17 Arkansas cities surveyed for the Arkansas Tourism ticker topped the $50 million mark in 2018. The year marked the fourth consecutive year of growth as measured by the Arkansas Tourism Ticker.
The Arkansas Tourism Ticker is managed by Talk Business & Politics, and sponsored by the Arkansas Hospitality Association. The ticker uses the following three measurements to review the health of the state’s tourism industry:
• Hospitality tax collections – prepared food tax and lodging tax – of 17 Arkansas cities;
• Tourism sector employment numbers as reported by the U.S. Bureau of Labor Statistics; and
• Collections of Arkansas’ 2% statewide tourism tax.
To read more, visit Talk Business & Politics.
