Arizona Hotel Tax Revenue Expected to Reach Record Heights in 2023

Article originally posted on Phoenix Business Journal on February 22, 2023

The state of Arizona and local counties and municipalities are expected to collect more tax revenue from hotels in 2023 than in any previous year, according to projections released Tuesday by the American Hotel & Lodging Association and Oxford Economics.

After taking a hit for multiple years because of the Covid-19 pandemic, the state’s hotel industry is expected to generate more than $875.3 million in 2023. It is a number that Arizona’s state and local governments are looking forward to.

Find The Complete Article Here:https://www.bizjournals.com/phoenix/news/2023/02/22/arizona-hotel-tax-revenue-expected-to-reach-record.html

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