Hotel Tax Collections and a Local Mega-Event
AbstractCities compete for the opportunity to host events that draw large crowds of visitors. The argument is that these visitors bring with them lots of spending in hotels and restaurants, providing jobs for workers in the service industry, and generating sales tax revenues for the city. In many places, there is also a separate tax on hotel and motel accommodations. Indeed, taxes on accommodations are one example of jurisdictions exporting their tax burdens, as people who pay the accommodations taxes are visitors. This paper looks for the beneficial impact of a megaevent by focusing on the accommodations tax collections in and around the jurisdiction that hosts the event.
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Bibliographic InfoPaper provided by International Association of Sports Economists & North American Association of Sports Economists in its series Working Papers with number 0901.
Length: 35 pages
Date of creation: Jan 2009
Date of revision:
sports; South Carolina; NASCAR; college football; tourism;
Find related papers by JEL classification:
- L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-01-31 (All new papers)
- NEP-GEO-2009-01-31 (Economic Geography)
- NEP-SPO-2009-01-31 (Sports & Economics)
- NEP-TUR-2009-01-31 (Tourism Economics)
- NEP-URE-2009-01-31 (Urban & Real Estate Economics)
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- The solution to a bursted housing bubble is more new houses? etc.
by John Whitehead in Environmental Economics on 2009-06-26 12:02:00
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