Tuesday, December 19, 2006

Motel Revenues Jump in October

Williamson County motel revenue rose sharply in October spiking $231,000 higher to nearly $1.3 million. That represents a 10.1 percent increase from the month before, 9 percent over last year's revenues for October.

This may be a record high for the local lodging industry, and is definitely the best month in the last 24.

Lodging owners collected and paid $64,793.96 for the county's 5 percent bed tax. Three-fifths go to Williamson County Events Commission for the debt and upkeep on the Williamson County Pavilion and two-fifths of the tax fund the Williamson County Tourism Bureau.

As October bed taxes are paid to the county in November and received by the tourism bureau in December that brings us halfway through our fiscal year which runs from July 1 to June 30.

So far the bureau's receipts for the first six months of FY07 are up 5.8 percent over the same period last year, or just under $9,000.

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