CVB hopes to reinvigorate LART with two new grants
For the first time this year, sales tax collections in Colorado Springs are down. But tourism officials are speedily working to get travelers to the city this fall to make up for summer losses during the Waldo Canyon fire. July’s sale taxes were down nearly 4 percent from the same time last year; but the [...]
Springs’ sales and use tax collections slightly higher than projected
November 10, 2011 Comments OffHotels saw the biggest leap in sales tax collected in October over the previous month, according the city’s October sales and use tax report. Hotels saw a 20.9 percent increase in tax collections. The Lodger’s and Auto Rental Tax collection was up 11 percent over last October, which really represents all of the activity through [...]
Continue reading …August – the month of the USA Pro Cycling Challenge race – proved to be a good month for spending in Colorado Springs. People came and spent money in restaurants and hotels, both sectors that had the largest increases in tax collections this August over last August. Restaurants collected $1.6 million in sales taxes, a [...]
Continue reading …July was a hot month for tourism in Colorado Springs and for city coffers, which collected record-breaking amounts in lodging taxes. City officials reported in a monthly tax collection report that the hotel industry showed a large percentage increase – 22 percent — in July 2011 over last July. Overall, the combined sales and use [...]
Continue reading …The Pikes Peak Lodging Association board of directors has voted unanimously to oppose any increase in the Lodgers and Automobile Rental Tax, or LART. “We do not believe that the business climate is receptive to any type of increase,” Steve Ducoff, president of the PPLA, said in a press release. “More importantly, an increase in [...]
Continue reading …Perhaps now they wish they would have pushed harder. I’m talking about any of the various business interests in town that are scrambling to find a venue for their expositions and conferences now that the Phil Long Expo Center is closing its doors. Finding adequate space isn’t their only issue. Just try asking The Broadmoor’s [...]
Continue reading …After a couple of rough years, the hospitality industry hopes that 2011 will be a recovery year. It’ll also be the year that Doug Price takes over as head of the Colorado Springs Convention & Visitors Bureau. Although it’s too soon to know what Price will do, one of his concerns is funding, which has [...]
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