Hotel-Generated Federal, State & Local, And Lodging Tax Revenue

CORONAVIRUSTRAVELRECOVERYOPTIONS FEDERAL,STATE&LOCAL,ANDLODGINGTAXREVENUE 2024projectionsbystate OxfordEconomicsandSTR–April2024 Hotelsareimportantcontributorstocommunitiesacrossthecountry,generatingtensofbillionsintaxrevenueeachyear.In2024,hotelsareprojectedtogenerateatotalofnearly$83.4billionintaxrevenue–$29billioninfederaltaxesandnearly$54.4billioninstateandlocaltaxes,whichincludenearly$26.4billioninlodgingtaxes(salestaxesonroomrevenue,hoteloccupancytaxesandtourismimprovementdistrictfees,andothertaxesonroomrentals).The2024projectionsarea4%increaseoverthe$80.2billiongeneratedin2023,and23%morethan2019’s$67.8billiontotal. HOTEL-GENERATEDFEDERAL,STATE&LOCAL,ANDLODGINGTAXREVENUE STATE FEDERALTAXES STATE&LOCALTAXES LODGINGTAXES(asubsetofstateandlocaltaxes) NATIONAL $29,014,621,432 $54,361,761,581 $26,363,539,902 ALABAMA $169,373,823 $308,076,051 $193,684,269 ALASKA $94,029,504 $141,930,290 $74,181,265 ARIZONA $650,711,324 $939,402,732 $521,535,365 ARKANSAS $108,911,879 $244,799,709 $173,845,015 CALIFORNIA $3,609,369,291 $5,169,357,910 $2,886,803,303 COLORADO $622,722,325 $1,049,677,718 $443,306,324 CONNECTICUT $317,387,783 $608,386,288 $150,649,231 DELAWARE $57,451,521 $155,957,845 $29,896,894 DISTRICTOFCOLUMBIA $229,734,809 $516,897,261 $312,908,650 FLORIDA $2,967,217,950 $4,466,159,021 $2,559,655,321 GEORGIA $585,433,572 $1,331,838,861 $960,050,071 HAWAII $819,765,028 $1,514,818,515 $1,067,184,557 IDAHO $107,348,918 $187,503,743 $97,362,913 ILLINOIS $711,268,600 $1,842,701,952 $726,363,315 INDIANA $226,864,296 $785,960,635 $215,451,943 IOWA $200,291,007 $728,553,053 $127,697,947 KANSAS $122,888,528 $316,698,663 $158,462,566 KENTUCKY $171,790,504 $359,602,806 $241,860,001 LOUISIANA $290,797,105 $949,677,917 $153,666,605 MAINE $157,478,701 $233,802,414 $101,636,841 MARYLAND $435,381,475 $1,354,560,908 $328,889,186 MASSACHUSETTS $634,394,972 $1,675,835,450 $762,090,044 MICHIGAN $700,892,164 $1,655,872,647 $516,502,389 MINNESOTA $302,754,501 $673,575,319 $319,462,499 MISSISSIPPI $337,164,809 $730,433,665 $92,023,215 MISSOURI $384,663,551 $1,060,464,210 $326,854,827 MONTANA $147,142,302 $198,418,142 $110,811,796 NEBRASKA $75,014,444 $188,130,935 $117,313,186 NEVADA $3,677,379,698 $4,403,346,558 $1,695,452,862 NEWHAMPSHIRE $84,218,208 $145,988,310 $84,529,468 NEWJERSEY $704,193,410 $1,282,212,812 $350,428,267 NEWMEXICO $166,936,230 $307,459,145 $150,754,052 NEWYORK $2,391,223,604 $5,904,852,365 $2,756,803,323 NORTHCAROLINA $516,790,033 $769,034,324 $490,320,324 NORTHDAKOTA $90,578,683 $138,435,204 $69,728,654 OHIO $320,190,101 $665,860,887 $398,907,607 OKLAHOMA $250,396,979 $386,335,681 $143,819,867 OREGON $268,274,671 $417,578,688 $263,912,966 PENNSYLVANIA $606,011,617 $1,400,664,376 $534,649,141 RHODEISLAND $104,163,185 $207,879,806 $105,930,261 SOUTHCAROLINA $375,127,404 $837,876,368 $595,314,484 SOUTHDAKOTA $99,390,137 $149,469,246 $78,609,738 TENNESSEE $485,913,846 $1,151,375,425 $800,668,137 TEXAS $1,460,334,083 $2,850,568,621 $1,865,750,485 UTAH $284,217,601 $555,350,354 $369,090,276 VERMONT $139,279,959 $236,307,709 $138,913,417 VIRGINIA $487,021,827 $849,923,392 $541,591,757 WASHINGTON $607,835,195 $1,013,547,003 $664,960,107 WESTVIRGINIA $111,936,718 $482,568,045 $50,644,612 WISCONSIN $404,099,638 $635,457,623 $315,111,227 WYOMING $140,863,918 $180,574,977 $127,499,330 Source:OxfordEconomics,STR Note:Stateandlocaltaxesincludetaxesonlodging,sales,gaming,employees’personalincome,corporatetaxes,unemploymentinsurance,excisetaxesandfees,andpropertytaxes.Federaltaxesincludetaxesonemployees’personalincome,corporatetaxes,indirectbusinesstaxesandSocialSecuritytaxes.