16 Nov 2023
Visit St. Pete/Clearwater Sets New Record With More Than $98 Million in Bed Tax Collections

Visit St. Petersburg/Clearwater

Visit St. Pete/Clearwater President/CEO Brian Lowack today announced the organization set a record for Pinellas County with more than $98 million in hotel bed tax collections for fiscal year 2023.

 

In total, for fiscal year 2023 (Oct. 1, 2022-Sept. 30, 2023), the St. Pete/Clearwater destination:

  • Generated nearly $1.1 billion in local hotel revenue – representing a $30 million increase from last year and a $200 million increase over 2019 with overall destination accommodations revenue in fiscal year 2023 surpassing $1.6 billion (including all additional motel, RV, and online vacation rental sites).
  • Saw nearly 6 million hotel rooms occupied during fiscal year 2023, representing an increase of more than 100,000 rooms compared to 2022 and nearly 220,000 more rooms compared to 2019.
  • Generated a total bed tax collection that reflected a nearly $3 million increase from last year's total.

 

“St. Pete/Clearwater continues to show why it is internationally renowned and a top destination for travelers seeking our award-winning beaches and exploring the many other unique experiences found within Pinellas County,” said Lowack. “I'm proud of the work of our entire Visit St. Pete/Clearwater team, the Tourist Development Council, the Board of County Commissioners, and – most importantly – our community partners to grow our brand and take the destination to new heights. Hosting visitors is such an important part of our local economy with one in 10 jobs in Pinellas County being associated with tourism.”

 

“We continue to see investment throughout our County with new hotels, dining options, and entertainment,” said Janet C. Long, Pinellas County Commission Chair and Tourist Development Council Chair. “With Brian's leadership and an energized TDC, we will look for opportunities to continue this upward trajectory for the tourism industry in Pinellas County. The tourist development tax plays a vital part in our County as we identify the most optimum ways to reinvest these funds into enhancements – like our beautiful beaches and the new Rays Stadium – to fuel additional economic growth and help keep property taxes lower throughout the County.”

 

St. Pete/Clearwater closed out the year with a strong September, generating a 2.4% increase in hotel bed tax funds compared to September 2022, despite Hurricane Idalia's impact on the destination during Labor Day weekend.

 

The hotel bed tax – also known as the tourist development tax – is a 6% tax on all short-term accommodation rentals.  Hotel Bed Tax dollars must be assigned to projects that will support tourism. Visitor-generated taxes are currently funding emergency shoreline restoration and forthcoming beach renourishment as well as Pinellas County's contribution to the new Tampa Bay Rays Stadium. For more information, visit FromVisitorsWithLove.com.

 

The Visit St. Pete/Clearwater destination garnered significant awards and recognitions during the 2023 Fiscal Year:

Conde Nast Traveler                   Top 10 Hotels in Florida: Readers' Choice Awards 2023                                             The Don CeSar

Conde Nast Traveler                   Top 15 Resorts in Florida: Readers' Choice Awards 2023     Wyndham Grand Clearwater Beach

Dr. Beach                                       Best Beaches in the U.S.                                                                                                    Caladesi Island

Outside Magazine                        Happiest Towns in America                                                                                               St. Petersburg

Southern Living                            50 Best Small Towns                                                                                                                     Dunedin

Southern Living                            Best Historic Hotel in Florida                                                                                            The Don CeSar

Southern Living                            Best Places for a Weekend Getaway                                                                               St. Petersburg

Travel + Leisure                           9 Best Beach Towns in Florida                                                                                    Clearwater Beach

TripAdvisor                                   Top Fall Trending Domestic Destinations for Americans                                    Indian Rocks Beach

TripAdvisor                                   Top Everyday Eats Restaurant                                                                Doc Ford's, St. Pete Pier (#1)

U.S. News & World Report        27 Best Beaches in the U.S.                                                                                         Clearwater Beach

U.S. News & World Report        27 Best Beaches in the U.S.                                                                                               St. Petersburg

USA Today 10Best                       2023 Best Fishing Charter in the U.S. and Caribbean      Hubbard's Marina, Madeira Beach (#1)

USA Today 10Best                       2023 Best Boat Tour                                                                       Hubbard's Marina, Madeira Beach

USA Today 10Best                       Best Beaches in the South                                                                                  Clearwater Beach (#1)

 

– LET'S SHINE –

 

Media Contact/Interview Requests: Jason Latimer, Jason.latimer@visitspc.com, 727-386-3783

Cookie Policy

We use cookies to provide you with the best possible experience. By continuing to use our site, you agree to our use of cookies.
Find out more how we use cookies.