SOUTHLAND – (INT) - America’s hotels are projected to generate record levels of federal, state, and local tax revenue this year with California leading the way.

The data show hotels are projected to generate a total of nearly 83 billion dollars in tax revenue in 2024. California is among ten states projected to generate the highest hotel tax revenue.

At the same time, employees are being paid historic totals of wages, salaries and other compensation, according to state-by-state projections released Monday (April 8th) by the American Hotel & Lodging Association. Again, California leads the list.

The five states projected to generate the highest hotel tax revenue in 2024 are: California, New York, Nevada, Florida and Texas.

Nominal hotel guest spending on lodging, transportation, food and beverage, retail, and other expenses is expected to rise 5% from 2023 and almost 24% above 2019 levels.

Story Date: April 24, 2024