RENO, Nev. (August 18, 2022) – Reno Tahoe today released transient lodging and room tax statistics showing FY 2021-2022’s total of $457,010,853 as the most Taxable Room Revenue ever recorded in a fiscal year. Three of the top five revenue-producing months came from FY 2021-2022, with nine records set for monthly room tax collections.

“It is inspiring to welcome today’s travelers to Reno Tahoe, where our destination partners are tirelessly working to elevate the guest experience,” said Reno Tahoe President and CEO Charles Harris. “These record-setting years contribute greatly to the overall health and economic well-being of the regional tourism industry.”

Reno Tahoe maintains 6.625% of Taxable Room Revenue for its operational budget, incorporating sales, marketing, promotions and facilities management. The $55.8 million increase in Taxable Room Revenue, from FY 2018-2019 to FY 2021-2022, represented a $3.2 million increase to Reno Tahoe’s overall operational budget; monies used for capital improvements, as well as additional sales and marketing programs designed to bring visitors to Northern Nevada.

In FY 2021-2022, Taxable Room Revenue in Washoe County was up 13.9%, from $401,157,231 to $457,010,853, compared to FY 2018-2019. Cash Occupied Rooms were down 7.2%, from 3,472,202 to 3,220,907, over the same time period, and Average Daily Rates (ADR) increased 22.8%, from $115.53 to $141.89. Due to the March 2020 pandemic shutdown of Reno Tahoe’s major resort hotels, the RSCVA is emphasizing statistical comparisons to 2019.

In FY 2021-2022, these monthly room tax revenue records were set for the months of:

                                                                Previous Monthly Records

July                        $53,830,709            (2019 – $41,432,593)

October                 $35,235,666            (2019 – $31,825,308)

November            $28,705,559            (2019 – $26,001,367)

December            $32,088,533            (2018 – $29,774,489)

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                   $47,560,295            (2021 – $45,317,551)

Reno Tahoe’s Historical Top 5 Months of Taxable Room Revenue:

July 2021          $53,830,709

June 2022        $47,560,295

August 2019    $46,663,912

August 2021    $46,261,278

June 2021       $45,317,551

Reno Tahoe continues to work with meeting, convention, trade show, and sports event planners to negotiate future group events at Washoe County event and lodging facilities. For more information on how Northern Nevada is working to accommodating travel, go to VisitRenoTahoe.com.