Longview, TX (Longview News-Journal) — Longview’s hospitality industry remains relatively strong and has rebounded from a drop in hotel stays and room rates during the height of the recession.
Hotel occupancy taxes collected by the city on each dollar that hotel and motel guests spend for their stays peaked in the city’s 2008-09 fiscal year at $1.776 million.
After dropping by nearly $200,000 the next fiscal year, those revenues have been on the rise each of the past three years, according to figures provided by the city. For the Oct. 1, 2011, through Sept. 30 fiscal year, the city collected $1.735 million from the 7 percent hotel tax.
The city of Longview now collects 9 percent for general hotel occupancy tax, according to Shawn Hara, city spokesman. Of that total, 7 percent is for general hotel occupancy tax.
The additional 2 percent, which the city began collecting effective June 1, is earmarked specifically for the construction, expansion, maintenance or operation of convention center facilities.
Hara said approval to collect the additional 2 was approved in February by the City Council.
In the first three months, the city collected the additional tax, between July 1 and the end of September, an extra $121,000 was collected.
Read more from KETK newspaper partner the Longview News-Journal.