4. DMO26-0124 ATT4 - STR - 2026 VS 2025

Tourist Development Council · 2026-06-17 · agenda_item

This item concerns a legislative update and budget special session summary for the Tourist Development Council. It provides a report on tourism industry performance, including occupancy rates, average daily rates, and revenue per available room (REVPAR) for Pasco County and surrounding areas. The report also details tourist development tax collections for April 2026, showing increases compared to previous years. Additionally, it discusses the state budget, including funding allocated to VISIT FLORIDA. This is an informational item, with no immediate construction or development projects currently detailed. Businesses involved in tourism promotion, data analysis, and government affairs may find this information relevant for future planning and engagement. Early awareness of these trends and legislative actions can provide a strategic advantage.

Occupancy Rate 2026

71.0 %

Occupancy Rate 2025

67.1 %

Average Daily Rate 2026

139.94 $

Average Daily Rate 2025

140.51 $

REVPAR 2026

99.35 $

REVPAR 2025

94.34 $

Occupancy Rate 2024

66.8 %

Average Daily Rate 2024

125.55 $

REVPAR 2024

83.33 $

April 2026 Tourist Development Tax Revenues

669,367.36 $

April 2025 Tourist Development Tax Revenues

624,766.49 $

April 2024 Tourist Development Tax Revenues

597,009.04 $

2023-2024 Fiscal Year Revenue to Date

4,052,266.88 $

2024-2025 Fiscal Year Revenue to Date

5,435,726.20 $

2025-2026 Fiscal Year Revenue to Date

4,201,209.98 $

State Budget

115 billion

House Spending Plan

113.6 billion

VISIT FLORIDA Funding

80 million

VISIT FLORIDA Grants and Aids from General Revenue Fund

30,000,000 $

VISIT FLORIDA from State Economic Enhancement and Development Trust Fund

26,000,000 $

VISIT FLORIDA from Tourism Promotional Trust Fund

24,000,000 $

House Vote

99 to 6