Nine individual months set room tax records in 2022
RENO, Nev. (February 8, 2023) – Reno Tahoe today released transient lodging and room tax statistics showing 2022’s total of $467,886,384 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 coincide 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 11.3%, from $420,530,005 to $467,886,384, 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 3,190,101, over that same time period, and Average Daily Rates (ADR) increased 7.8%, from $136.00 to $146.67, breaking 2021’s record for 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 $35,427,078 (2019 – $30,258,098)
April $39,677,765 (2021 – $32,406,826)
May $38,117,814 (2019 – $34,884,475)
June $47,573,319 (2021 – $45,317,551)
August $49,044,007 (2019 – $46,663,912)
September $49,750,287 (2018 – $42,554,492)
October $37,486,639 (2021 – $35,235,666)
December $32,187,502 (2021 – $32,088,533)
Reno Tahoe’s Historical Top 5 Months of Taxable Room Revenue:
- July 2021 $53,830,709
- July 2022 $50,830,556
- September 2022 $49,750,287
- August 2022 $49,044,007
- June 2022 $47,573,319
For more information on room tax collections in Washoe County, please visit http://www.rscva.com/impact/finance/.