Tuesday, June 4, 2013

Ulster County hotel tax revenue up 6.2% in 2012 - DailyFreeman.com

A THREE YEAR INCREASE IN HOTEL-MOTEL "BED TAX" INDICATES A STRENGTHENING IN THE TOURISM ECONOMY By Freeman staff KINGSTON, N.Y. — Ulster County’s revenue from its hotel/motel room tax was 6.2 percent higher in 2012 than in 2011, the County Executive’s Office announced on Tuesday. Michael Hein’s office said the revenue from the “occupancy tax” in 2012 was $1.1 million, a gain of about $64,400 over the previous year’s total. The revenue is from the 2 percent tax the county charges for lodging on top of the combined state and county sales tax, which is 8 percent. Hein’s office said the county’s hotel/motel tax revenue now has risen in three consecutive years and is up a cumulative 14.4 percent since 2009. “We are very pleased to see this exceptional level of growth, despite the fact that the economy is still stagnant across the United States,” Hein said in a prepared statement. “It is becoming clear that more and more people are deciding to visit Ulster County when it comes time to plan their yearly vacations or getaways, and we’re thrilled to elevate our standing as a tourism hot spot.” Hein’s office said more than 7,400 people are employed in the leisure/hospitality industry in the Kingston Metropolitan Statistical Area, which includes all of Ulster County, and that it’s the fastest-growing business sector in the region. “In the years to come, tourism will continue to be a major factor in Ulster County’s economic vibrancy,” Hein said in his statement. Ulster County hotel tax revenue up 6.2% in 2012 - DailyFreeman.com

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