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Saturday, July 04, 2015

May tax receipts, room data show strong numbers

Recent statistical returns confirm what many people had observed last month – a sudden break in temperatures, coming off a particularly nasty winter, provided a substantial boost to the lodging industry in May.

Returns for the city’s room tax – a 4.5 percent levy on all hotel rooms and registered condo rentals – were the highest ever this May compared to the same month in previous years.

Proceeds from May 2015 totaled $1.26 million, an 11 percent boost over room tax income from 2014.

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