SiestaKey hotel sees growth in yearly numbers
Tropical Beach Resorts along with Sarasota county has seen another year of growth in our total number of visitors this year.
According to Visit Sarasota County (VSC), Sarasota County had 740,300 visitors in fiscal year 2013, spending $640,974,200 in the area economy. That is a 5.8% jump in visitors from fiscal year 2012 and a 10.2% increase in direct spending.
Tropical Beach Resorts is pleased that business is up.
The 2013 fiscal year ended June 30. Data from the Sarasota County Tax Collector also paints a positive picture for the area tourism industry.
With three months of revenue left to be calculated for 2013, Sarasota County has already raised $12,179,818 in revenue from the Tourist Development Tax â€” eclipsing the total revenue reported for 2011. This comes after multiple years of increased revenues from the tax. Development Tax revenue grew by 16% in 2011, and by 17.5% in 2012.
The Tourist Development Tax is a 5% charge on the revenue from rentals of six months or less. Revenue from the tax is used for tourism promotion, maintenance and renourishment of beach park facilities and beaches, sports stadiums, nature center facilities and promoting new tourist attractions and events.
Projects like the proposed dredging of Big Pass also rely on Development Tax revenue.
Tropical Beach Resorts General Manager said.” We are very pleased business continues to improve. We’ve done so many upgrades to the property and have continued to grow a talented staff… we couldn’t be happier it’s paying off.”
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