Published on : Thursday, August 8, 2019
January-April hospitality tax collections among 17 cities surveyed for the Arkansas Tourism Ticker increased 3.9% compared with the same period last year, and the state’s 2% tourism tax revenue also showed healthy growth of 5.2% in the four-month period.
Numbers from the first four months of this year are up aligned with broad gains in 2018.
This 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 three measurements mentioned below 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.