TOT up slightly in June | TahoeDailyTribune.com
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TOT up slightly in June

Transient occupancy collections for the city slowed to a trot in June, following a mad dash maintained for most of the year.

Collections for the month were $635,651, up 1.13 percent from June of 1998.

With monthly gains often in the double digits, the collections for the fiscal year that began in October remain a vigorous 8.8 percent increase over the same period last year.



“June tends to be, from a TOT standpoint, a little bit of a mixed bag,” City Manger Kerry Miller said. “Sometimes its robust, sometimes it isn’t. June usually performs a little bit slower as we’re pushing into the summer season and the very vigorous months of July and August.”

In Stateline, the TOT revenue for Douglas County in June was $552,958, up 3.14 percent.




Occupancy increased by 4.6 percent to 86.5 percent in Stateline with an average daily rate of $83.95, up $2.63 compared to the same month last year.

In the city, occupancy increased 1 percent to 42 percent for the month. The average daily rate was $65.13, up $3.09 over last year.

Visitors staying in the Stateline casinos tend to be upper income guests who make reservations ahead of time. South Lake Tahoe motels are more dependent on drive-up visitors who tend to change plans if the weather is questionable.

Much of the month of June was cool, with nighttime temperatures often dipping below freezing in the basin and not hot enough in the Sacramento Valley to drive people to the mountains to get away.

Transient occupancy tax collections are considered an indicator of the tourism economy.


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