Occupancy tax trends positive in Cape May County tourism segment

Tuesday, October 10, 2023

The initial revenue on visitation has been occurring confidently for the Cape May County tourism sector.

As per newest information from the New Jersey Treasury, Occupancy Tax collection increased double
digits each month in the course of the initial two quarters this year compared to 2022. This comprises
over 70 percent increase during the first quarter compared to the equivalent time last year.

The Cape May County tourism division has made a concentrated work to boost fall and winter advertising
in the course of the last five years and the county is witnessing achievement with sustained development in both fall of last year and winter of this year.

This year’s July Occupancy Tax collection touched $5.289 million, marking a 12 percent upsurge
compared to the July last year amount. Cape May County outstripped all other counties in New Jersey
concerning Occupancy Tax collection for July and is gearing up to exceed last year’s total of $19.4 million.

Leonard Desiderio, Cape May County Board of Commissioners Director commended the tourism
division of the county for its diligence throughout the year for improving the county’s tourism segment.
Desiderio said that the encouraging outcomes can be witnessed in the numbers.

Occupancy Tax is collected by the State on all hotel and motel stopovers and is usually 5 percent of the
room charges.

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