The effect of lodging taxincreases on US destinations
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Simon Hudson [1] ; Fang Meng [1] ; So, Kevin Kam Fung [1] ; Scott Smith [1] ; Jing Li [1] ; Rui Qi [2]
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[1] University of South Carolina
University of South Carolina
Estados Unidos
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[2] University of Memphis
University of Memphis
Estados Unidos
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- Localización: Tourism economics: the business and finance of tourism and recreation, ISSN 1354-8166, Vol. 27, Nº. 1, 2021, págs. 205-219
- Idioma: inglés
- Texto completo no disponible (Saber más ...)
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Resumen
This study examined the impact of lodging tax increases on eight different destinations of theUnited States. Data were collected via in-depth stakeholder interviews and monthly statisticsprovided by Smith Travel Research including average daily rate, occupancy, and revenue peravailable room. Time series analysis was employed to estimate the impact of tax increases in eachdestination by analyzing that time series before and after the imposition of the tax. Overall, ourresults did not fully support the hypothesis that when a city’s hotel tax greatly increases above thatof an easily accessible competitor, it will result in an economic loss to the city with the dis-proportionate tax rates. Hotels appear to have absorbed any tax increases with little impact totheir businesses, but there was concern among stakeholders as to how the lodging tax was spent.
