Arkansas Tourism Ticker: 2% tourism tax revenue on pace to set new record

by Michael Tilley (mtilley@talkbusiness.net)

Arkansas’ 2% tourism tax revenue between January and August was $18.392 million, up 5.2% compared with the $17.482 million in the same period of 2023. The August revenue of $2.254 million set a new record for the month. A record for monthly 2% collections was set in June with $2.839 million.

Of the top five counties in terms of 2% tax collections, Pulaski and Garland counties posted declines of 0.83% and 2.68%, respectively. Benton County posted the largest percentage increase among the top five counties at 14.76%.

The 2% tourism tax revenue in 2023 was $25.446 million, up 5.8% compared with the $24.049 million in 2023. Revenue in each month of 2023 set a new record, with those gains compared to record numbers in 2023.

Arkansas Tourism Ticker: 2% tourism tax revenue on pace to set new record