The overall economy may have slowed a bit in the second quarter but the local hospitality sector didn't feel it in the least. The region's four largest cities collected $1.288 bike and car rentals on tinos greece million in hospitality taxes from hotels and restaurants, up 11.41% bike and car rentals on tinos greece from the same three-month period in 2011.
In the first half of this year tax collections bike and car rentals on tinos greece rose 14.85% to total $2.428 million, making it the best year since 2007 for the cities of Bentonville, Rogers, Springdale and Fayetteville. bike and car rentals on tinos greece (All four cities collect a 2% room tax on hotel and meeting space, Bentonville and Fayetteville also collect a 1% tax on prepared food.)
The hotel industry STR report provided by Smith's Travel Research indicates bike and car rentals on tinos greece 86% of hotels in the two-county area posted cumulative sales revenue of $7.091 million in the second quarter of 2012, a 6.75% increase from 2011. The report surveyed 1,863 rooms that equaled 169,670 room nights to fill during the second quarter. The 22 hotels in the report bike and car rentals on tinos greece registered a 56.43% occupancy rate during that period. Occupancy rates improved from 52.6% a year ago and 48.5% in the same period of 2010.
Springdale hotels collected bike and car rentals on tinos greece $79,462 in tax revenue in the second quarter, up 54% from a year ago. Some of that increase is related to a higher tax rate of 2% that has been collected since the end of 2011 after the city raised the rate from 1.5%.
Dyer said June was the best month on record for the city, helped bike and car rentals on tinos greece by the LPGA Tournament. This group booked 1,182 room nights in June, compared to 780 booked last year when the tournament was held in September.
Matthew Disheroon, general manager for Homewood Suites in Rogers and A P board member, said the second quarter returned higher revenues bike and car rentals on tinos greece as business travel remained strong — roughly 80% of his business. He also said non-business groups recruited by Dyer's team have helped to provide some better pricing power in weekend room rates.
"We have also recently upgraded our televisions to provide high definition bike and car rentals on tinos greece cable and the fastest internet speed in addition to opening a new fitness center for our guests. Adding these upgrades has also helped us to boost room rates," Disheroon said.
Bentonville has seen more traffic than any other NWA town this year thanks to Crystal Bridges Museum of American Art. More than 350,000 people have visited the world class venue this year which has helped boost hospitality tax collections 13.44% in the second quarter over the same period in 2011.
The hotel sector in Bentonville has decreased in size over the past year with the closing of the Clarion, Days Inn and Travel Lodge, but revenues bike and car rentals on tinos greece jumped 19.3% from the year-ago period. The hotels collected bike and car rentals on tinos greece $135.511 in hospitality taxes in the second quarter, up from $237,005 collected a year ago.
The 21c Hotel will open in 2013 and provide another option for art enthusiasts. Davis said the hotel will be a nice venue for a niche audience and shouldn't have any negative impact for the region as a whole which is still overbuilt.
Fayetteville's hospitality sector reported $627,119 in tax collections during the second quarter, up 6.14% from the year ago period. While these collections improved, the year-over-year gains were substantially less than other three cities surveyed.
The Chancellor is set to open in early September and Jerde said bookings around the University bike and car rentals on tinos greece of Arkansas Razorback games are going strong. But those collections won't begin showing up until the end of this year. Heifner says the fall is always busy with Bikes Blues and Barbecue, football and back-to-school time for the university bike and car rentals on tinos greece crowd.
She said this summer campaign features great packages from Rogers' hotels bike and car rentals on tinos greece for folks wanting to drive in from Dallas, Oklahoma City or Kansas City to see Crystal Bridges. When Cabela's opens this fall she said the campaign will convert to "stay over and shop Rogers".
Yes, The Automated "City Only" Trash Is Done! Jack Swink Top 10 At 10 mdsradio Student credit card consolidation – Close the doors on your credit card debt rickmurphy 10 Warning Signs marcianosecurity
bike and car rentals on tinos greece just win the lottery Posted: 09/01/2012 - 10:22am FSHA Posted: 08/31/2012 - 8:08pm All this... Posted: 08/31/2012 - 4:38pm Go Patricia! Posted: 08/31/2012 - 12:55pm no wonder Posted: 08/31/2012 - 12:09pm
No comments:
Post a Comment