Record TDT Numbers in March 2018
May 4, 2018
WALTON COUNTY, Fla. — May 4, 2018— The Tourist Development Tax collection showed an increase of 24.73-percent in South Walton for March 2018, compared with March of the previous year. Walton County recorded approximately $2,261,800 in Tourist Development taxes in March, a new record.
“To see this kind of increase in spring is really pretty amazing,” says David Demarest, Director of Communications for Visit South Walton. “It shows increasing awareness about our area, and that our visitors really value the South Walton experience. We share a beautiful place where families can commute by bike or walking path, lounge on the beach, and enjoy great restaurants. The spring season is a great time to enjoy all of that.”
The Tourist Development tax, or bed tax, is a four percent tax collected on hotels, condos and other short-term rentals. It is the best way to gauge visitation and demand trends in South Walton. The revenue supports tourism marketing and beach operations including cleaning and maintaining beaches, lifeguards, destination improvements and preservation initiatives.