Nine individual months set room tax records in 2022
ENO, Nev. (February 9, 2022) – Reno Tahoe released transient lodging
and room tax statistics show 2022’s total of $467,849,408 as the most
Taxable Room Revenue ever recorded for a calendar year. Four of the top
five all-time revenue-producing months came in 2022 when nine
additional records were set for monthly room tax collections.
“Reno Tahoe lodging revenue continues to show some of the strongest
gains anywhere in the U.S.,” said Reno Tahoe President and CEO Charles
Harris. “The outdoor, gaming, and special event offerings of Northern
Nevada coincides with the diverse experiences travelers are seeking, and
we are thrilled to be able to deliver on that promise of excitement,
relaxation and adventure.”
In 2022, Taxable Room Revenue in Washoe County was up 11.2%, from
$420,530,005 to $467,849,408, compared to 2021, which previously held
the record for room tax revenue in a calendar year. Cash Occupied Rooms
were up 3.2%, from 3,092,164 to 3,189,970, over that same time period,
and Average Daily Rates (ADR) increased 7.8%, from $136.00 to $146.66,
breaking 2021’s record for the highest ADR in a calendar year.
In 2022, these monthly room tax revenue records were set for the months
of:
Previous Monthly Records
February $31,286,558 (2020 – $31,144,994)
March $35,427,
April $39,
$32,406,826)
May $38,
$34,884,475)
June $47,
$45,317,551)
August $49,044,
September $49,750,287 (2018 –
$42,554,492)
October $37,486,639 (2021 – $35,235,666)
December $32,150,527 (2021 – $32,088,534)
Reno Tahoe’s Historical Top 5 Months of Taxable Room Revenue:
1) July 2021 $53,830,709
2) July 2022 $50,830,556
3) September 2022 $49,750,287
4) August 2022 $49,044,007
5) June 2022 $47,573,319
-MORE-
For more information on room tax collections in Washoe County, please
visit http://www.rscva.com/impact/