October 8th, 2007
According to the study “2003 Impact of Room Tax Increases on the Lodging Industry” by the American Hotel & Lodging Educational Foundation - Breaking news - Brief Article
* According to the study “2003 Impact of Room Tax Increases on the Lodging Industry” by the American Hotel & Lodging Educational Foundation, spending by hotel guests maintains 13.1 million jobs and pays $358.9 billion of compensation nationwide. Additional spending by hotel guests creates $1,014.8 billion of sales, and room taxes average 12.4 percent ($9.51) per night nationwide above the average room rate of $86.26.