Collections of Arkansas’ 2 percent tourism tax set a new record in 2018, with Baxter County ranking number seven among the top 10 counties.
The information is from the Arkansas Tourism Ticker, managed by Talk Business and Politics and sponsored by the Arkansas Hospitality Association.
According to the TalkBusiness.net report, the 2 percent tourism tax revenue totaled over $16.4 million statewide in 2018 and also marked the ninth consecutive year of revenue growth. The collections in 2018 reflect a 3.34 percent increase over 2017.
In Baxter County, the 2 percent tourism tax generated just under $418,000 in 2018, up 13.83 percent over the previous year.
The ticker used two other measurements to review the health of the state’s tourism industry, hospitality tax collections of prepared food and lodging taxes from 17 Arkansas cities and tourism sector employment numbers, as reported by the U.S. Bureau of Labor Statistics.
Harrison is among the 17 cities included in the report, with the city’s hospitality tax collections up 1.23 percent.
The hospitality tax revenue for 2018 statewide showed a 3.1 percent increase over the previous year, while the tourism sector employment reflected a 1.61 percent increase.
Click here for a PDF of the Arkansas Tourism Ticker full report and data.
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