Post by Logan on Feb 4, 2017 22:00:03 GMT -6
MIAMI — Hotel tax revenue in Miami-Dade County has dropped at a rate not seen since the Great Recession, a decline some attribute to tourists afraid of the Zika virus.
Hotel taxes in December fell from the amount generated the previous year — the fourth month in a row that happened. It is a slump not seen since 2009, the Miami Herald reported.
Hotel taxes are used to fund museums, theaters and the $300 million debt incurred by the Miami Marlins baseball park.
Miami's Basel art fair is usually an economic boon, but this December hotels generated 7 percent less revenue than a year ago.
Read more: www.tampabay.com/incoming/zika-fears-erode-miami-dade-hotel-tax-income/2312121
Hotel taxes in December fell from the amount generated the previous year — the fourth month in a row that happened. It is a slump not seen since 2009, the Miami Herald reported.
Hotel taxes are used to fund museums, theaters and the $300 million debt incurred by the Miami Marlins baseball park.
Miami's Basel art fair is usually an economic boon, but this December hotels generated 7 percent less revenue than a year ago.
Read more: www.tampabay.com/incoming/zika-fears-erode-miami-dade-hotel-tax-income/2312121