lodging taxes
2024 HVS Lodging Tax Report – USA
Thomas Hazinski | September 24, 2024
Since room sales generate lodging tax revenues, an overview of hotel market trends provides a perspective on the industry's current and future fiscal impacts. While the negative impacts of the COVID-19 pandemic were unprecedented, as documented in our 2023 HVS Lodging Tax Study, nearly all lodging markets reached or exceeded pre-COVID average rates and revenue generation in 2022. The National Lodging Market has seen recent growth in occupancy, average daily room rates, and revenue per available room. The Average Daily Room Rate (“ADR”) represents the average revenue earned for each room rented in a hotel. Revenue per available room (“R...
Hawai‘i Passes Landmark Legislation to Rein In Illegal Short-Term Rentals, Help Keep Housing Affordable for Aloha State Residents
AHLA | May 6, 2024
Law ensures local control over lodging taxes and regulations WASHINGTON (May 6, 2024) – Hawai‘i Gov. Josh Green today signed into law landmark legislation (SB 2919) that grants local governments the power to regulate short-term rentals to meet the needs of their communities. This legislation will give localities the power to rein in short-term rentals that have taken over local communities and bring back affordable housing for hotel employees and other Hawai‘i residents. The law ensures Hawai‘i counties have the authority to tax and regulate short-term rentals by the same standards as hotels, designate them as a non-residential ...
2023 HVS Lodging Tax Report – USA
Thomas A. Hazinski | October 2, 2023
By Thomas Hazinski, Michael Ferguson Since room sales generate lodging tax revenues, an overview of hotel market trends provides a perspective on the industry's current and future fiscal impacts. While the negative impacts of the COVID-19 pandemic were unprecedented, as documented in our 2022 HVS Lodging Tax Study, nearly all lodging markets have reached or exceeded pre-COVID levels of revenue generation. Revenue per available room (“RevPAR”), the product of average daily room rate and occupancy rate, is a standard industry metric that combines the effects of occupancy and average daily room rate changes on hotel revenue performance. ...
2018 HVS Lodging Tax Report – USA
Thomas A Hazinski | September 26, 2018
By Thomas Hazinski, Anthony Davis and Daniel Kremer In this 7th annual Lodging Tax Report, HVS explores the current status and historical trends of lodging taxes in the USA. This updated version provides lodging tax rates/collections on all 50 US states and 150 US cities. Download the Lodging Tax Report here. ...
