Ticonderoga, Wilmington make gains in occupancy tax revenue

 

            The revenue generated in Essex County through the three percent occupancy tax dropped off some last year, although two towns watched their numbers climb.

            Towns throughout the county charge a three percent occupancy tax – or bed tax – on hotel rooms. Essex County Treasurer Mike Diskin presented the annual Occupancy Report to supervisors Monday.

            The county-wide take declined from $1.65 million in 2008 to $1.5 million in 2009.

North Elba usually comprises the lion’s share of the occupancy tax revenue for the county, but the town saw a decline of more than $100,000 last year.

But not every Essex County town experienced a dip in hotel revenues. Ticonderoga hotels generated over $57,000 in revenue in 2009, up from $52,000 in 2008 and $32,000 in 2007.

According to Regional Office of Sustainable Tourism President Jim McKenna, Ticonderoga is seeing the benefits of a recently opened Best Western Motel.

“Ticonderoga is really seeing some growth in their hotel stays,” McKenna said. “Lodging typically represents about one-third of a tourist’s expenditures on a trip, so that one hotel brings roughly $3 million to the community.”

The Ticonderoga Best Western did about $1 million in business in 2009, one year after its 2008 grand opening.

Occupancy tax revenues were also up in Wilmington, as hotels in the town paid the county $50,000 in 2009, a $3,500 increase from the previous year.

95 percent of the county’s total occupancy tax revenue goes directly to ROOST, which is the region’s primary tourism marketing agency.

-Jon Alexander, 3-9-10

 

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