HILLSBOROUGH COUNTY TAX COLLECTIONS CONTINUE GROWTH FOR MAY
Tampa Bay tourism collections reach $6 million heading into the summer months
Tampa, FL (June 26, 2023) – As the heart of Florida’s Gulf Coast gears up to host major summer citywide conventions, Visit Tampa Bay reports another strong month as May tourist development collections (TDT) reach over $6 million. An 8.2% increase over the previous record set in the fiscal year 2022, May TDT collections, reflecting April collections, came in at $6,571,482 bringing the total for the fiscal year to $47,127,779.
Hotel taxable revenue for April 2023 reached $109,463,478, a 10.1% increase over the previous record set in April for the fiscal year 2022. Hotel occupancy for May reached 69.2%, with the average daily rate (ADR) averaging $163.21 with RevPAR reaching $112.90.
Our destination is currently preparing for an action-packed summer as Tampa Bay welcomes Kappa Alpha Psi Fraternity, Inc. for its 86th Grand Chapter Meeting, the 2023 Nazarene Youth Convention, the Florida Out Coast Convention (FLOCC), the Ancient Egyptian Arabic Order Nobles Mystic Shrine 2023 Imperial Session and more. As Visit Tampa Bay’s summer campaign continues, the destination looks forward to welcoming adventure-seekers from across the globe to experience our world-class attractions, exquisite culinary scene and rich culture.
“Tampa Bay’s tourism industry is staying strong as we were ranked in the top 10 best summer travel destinations by WalletHub,” says Santiago C. Corrada, President and CEO of Visit Tampa Bay. “With the summer in full swing, we are looking forward to bringing business to our community and supporting the 51,000 people who serve the tourism and hospitality industry of Florida’s most welcoming destination.”
ABOUT VISIT TAMPA BAY
The heart of Florida’s Gulf Coast beats in Tampa Bay. Visit Tampa Bay encourages adventurous travelers to unlock sun, fun and culture in Florida’s most diverse travel destination. As a not-for-profit corporation certified by Destinations International’s Destination Marketing Accreditation Program (DMAP), we work with hundreds of partners to tell the world the story of Tampa Bay. Treasure awaits.