Greater Richmond Convention Center, sports tourism drives region’s record lodging tax revenue
RICHMOND, Va. (WWBT) – Richmond region resorts noticed a file for once-a-year occupancy tax revenue for FY calendar year 2022, which ended on June 30.
The lodging tax income surpassed the pre-pandemic significant in 2019, with a whole of $30,817,871 edging past 2019′s $30,014,047.
“Tourism is an economic engine and this earlier calendar year saw us hitting on all cylinders – all 4 cylinders, in actuality,” explained Jack Berry, president and CEO of Richmond Location Tourism, the nonprofit organization that encourages the region’s tourism on behalf of seven area jurisdictions. “Our perennial emphasis is on 4 vital sectors – meetings and conventions, athletics, leisure and friends and loved ones – and 2022 observed considerable exercise throughout the board. When we have critical perform ahead to continue on supporting our nearby hospitality field recuperate from the pandemic, the most up-to-date figures are promising and highlights the difficult operate of our resort group.”
The Increased Richmond Convention Heart observed a 227% improve in celebration bookings for the calendar year, including Convention on Missions, the United states Industry Hockey 2022 Nationwide Indoor Conference and Galaxy Con. Attendance at people functions observed a bump, and the heart expects yet another rise in the upcoming fiscal yr.
“There are a fantastic quite a few historic, cultural and leisure points of interest that are luring website visitors to our location, which include the conference heart, which serves as the home foundation for extremely substantial meetings, activity competitions and conventions that assist fill the region’s lodges,” explained Joe Casey, Chesterfield County Administrator and Chair of the Greater Richmond Conference Center Authority. “The final decision to renovate the facility all through the pandemic has succeeded in maximizing its appeal and bettering our aggressive posture.”
Sports tourism, these as athletic tournaments and convention championships, has come to be additional preferred in the region. Sports tournaments accounted for 79% of Richmond Location Tourism’s general group bookings.
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