X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ORLANDO-Based on room tax collections alone, Orange County is enjoying a banner tourist season. The county has collected an 11-month total of $113.27 million, surpassing the $111 million collected in all of 2004.

The all-time high was recorded even with below-average collections of $8 million in August, reports county comptroller Martha Haynie. Collections in August 2004 totaled $8.36 million. The county’s fiscal year ended Sept. 30 but September collection numbers won’t be completed for another month. The collections to date equate to an average $10.29 million per month.

The money is used to pay off debt on the $750-million expansion of the county’s four-million-sf convention center and for tourism industry promotions. The county’s 116,000 hotel and motel rooms levy a 5% tax on guest occupancies. The county started collecting the tax in 1979 when first-year revenue totaled $3.49 million.

Area hoteliers and tourism officials attribute the lower collections in August to tourists’ fears of last year’s four hurricanes that struck the state in September. Gas-price increases of 20% were also a factor, hospitality industry sources tell GlobeSt.com. They project September and October will be lackluster months on the collections screen.

The traditional winter season in Central Florida begins in November. The conventional hurricane season here ends Oct. 31.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.