Share “Hotel tax collections show healthy...”

Hotel tax collections show healthy increase in Oklahoma City

More visitors are staying at Oklahoma City hotels and motels, and nightly rates are up, the city manager reported to the city council.
by William Crum Published: April 23, 2013
Advertisement

More visitors are staying in Oklahoma City hotels and motels, and the rates they pay are up.

The payoff is a 9.4 percent increase in hotel/motel tax collections over this time a year ago, City Manager James Couch said in a report to the city council.

Oklahoma City levies a 5.5 percent tax on hotel stays. Money collected goes primarily to promote tourism and conventions and to pay for State Fair Park improvements.

Through the first three quarters of the fiscal year, Oklahoma City collected $9.4 million, up from $8.6 million in fiscal 2012.

Hotels near downtown, in northwest Oklahoma City and around Will Rogers World Airport on the southwest side account for most of the taxes collected.

Couch said occupancy rates are up 3 percent and room rates are up 6 percent, according to the Smith Travel Research Report.

by William Crum
Reporter
OU and Norman High School graduate, formerly worked as a reporter and editor for the Associated Press, the Star Tribune in Minneapolis, and the Norman Transcript. Married, two children, lives in Norman.
+ show more


AROUND THE WEB

  1. 1
    Report says Oklahoma teachers' greatest concern is testing
  2. 2
    OU ranked No. 22 in Phil Steele's projected AP Top 25
  3. 3
    WPX Energy gaining more than $200 million cash by selling Marcellus Shale marketing contracts
  4. 4
    CAUGHT ON VIDEO: Student allegedly spitting, spraying Windex on roommates' food
  5. 5
    Tulsa police arrest accused serial shoplifter
+ show more