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Regional Economic

Impact

Tourism

We can see the details of the trend by looking at the increase in lodging and meals taxes. The graph

below shows in the increase in meals and lodging tax revenues at the locality level.

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Though these revenue increases are impressive, they do not fully show the revenues collected as

many areas in the region only have meals or lodging taxes at the town level. The additional graphs

below show the increases in meals and lodging taxes for a sample of Southwest Virginia towns. The

towns shown below had an even greater percentage increase than SWVA counties.

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County/city level tax revenues

Lodging tax (thousands)

meals tax (thousands)

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Lodging and meals tax data taken from the Virginia Auditor of Public Accounts Local Government Comparative Reports.

Does not include revenues at the town level.

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Percent increase from 2004-2015 Meals Taxes: Marion (114%), Bluefield (102%), Rocky Mount (90%); Lodging Taxes:

Bristol (155%), Christiansburg (232%).