Tax Revenue
Analysis: Hotels Projected to Pay Record Taxes and Wages in 2024
AHLA | April 8, 2024
Click here for state-by-state hotel tax revenue projections Click here for state-by-state hotel wages and salary projections Click here for state-by-state hotel guest spending projections Click here for state-by-state hotel employment projections WASHINGTON (April 8, 2024) – America’s hotels are projected to generate record levels of federal, state, and local tax revenue this year while paying employees historic totals of wages, salaries, and other compensation, according to state-by-state projections released today by the American Hotel & Lodging Association. The data show hotels are projected to generate a total of nea...
Hotel Report: $16.8 Billion Loss in State & Local Tax Revenue From Hotels in 2020 Due to COVID-19 Impact
AHLA | June 18, 2020
WASHINGTON (June 18, 2020)—As a result of the sharp drop in travel demand from COVID-19, state and local tax revenue from hotel operations will drop by $16.8 billion in 2020, according to a new report by Oxford Economics released today by the American Hotel & Lodging Association (AHLA). Hotels have long served as an economic engine for communities of all sizes, from major cities, to beach resorts, to small towns off the interstate—supporting job creation, small business opportunities and economic activity in states and localities where they operate. Hotels also generate significant tax revenue for states and local governmen...