Tourist Development Tax collections May 2022

[Jen]

Tourist Development Tax collection showed a 3.07% decrease in South Walton for May 2022 compared with the previous year. Total collections for May 2022 were $6,028,822.95.

The Tourist Development Tax, or bed tax, is a five percent tax collected on hotels, condos, and other short-term rentals south of Choctawhatchee Bay. It is the best way to gauge visitation and demand trends in South Walton. The revenue supports tourism marketing and beach operations efforts, including cleaning and maintaining beaches, lifeguards, destination improvements, and preservation initiatives.

Tourist Development Tax collection on short-term rental accommodations north of the Choctawhatchee Bay totaled $23,772.45 for May 2022. May's collections represent a 26.91% decrease compared with the previous year.

The Tourist Development Tax, or bed tax, is a two percent tax collected on hotels, condos, and other short-term rentals north of the Choctawhatchee Bay. It is the best way to gauge visitation and demand trends.

 

[30A Skunkape]

 

[bob bob]

A drop is noteworthy news, especially with the pace they've been building new rentals.

 

[Matt J]

A drop is noteworthy news, especially with the pace they've been building new rentals.

Not really, one has to simply look at the circumstances. May is normally a slow month, however last year was nuts because so much was still closed and people were finally redeeming the previous summers cancelations. June will be a record breaker.

 

[30A Skunkape]

Matt J, I’ll bet you a Josh McLeanburger June is down this year versus last. Felt like it to me.

 

[Dawn]

Matt J, I’ll bet you a Josh McLeanburger June is down this year versus last. Felt like it to me.

Heard that from rental companies. Last summer was nearly full all summer. An unusual summer with people mad to get outdoors and not wanting to get on airplanes.

 

[Matt J]

Matt J, I’ll bet you a Josh McLeanburger June is down this year versus last. Felt like it to me.

I'll take that bet, even though Mcleanburgers are terrible. All filler and no substance.

 

[bob bob]

Matt J, I’ll bet you a Josh McLeanburger June is down this year versus last. Felt like it to me.

Tourist Development Tax collection showed a 16.58% increase in South Walton for June 2022 compared with the previous year. Total collections for June 2022 were $11,270,295.19.

 

[30A Skunkape]

Tourist Development Tax collection showed a 16.58% increase in South Walton for June 2022 compared with the previous year. Total collections for June 2022 were $11,270,295.19.

Since I made this bold bet I learned how much it now costs to rent a house for a week here. We are the ‘must go to’ destination for Texans and southerners with money but no passport.

 

[Matt J]

Since I made this bold bet I learned how much it now costs to rent a house for a week here. We are the ‘must go to’ destination for Texans and southerners with money but no passport.

It's all good, you have your progressions and I have mine. I'll pass on the spam and hair loaf, you've always been more than gracious having us to the annual crawfish oyster orgy.