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Jonesboro’s Hotel Room Revenue Rises by 5.68 Percent in 2013

1 min read

Hotels in Jonesboro generated $17.5 million from room revenue in 2013, which was up 5.68 percent over the previous year.

In 2013, 20 hotels in Jonesboro collected a total of $526,251 for the city’s Advertising & Promotion Commission, according to the hotel occupancy tax report on file with the city of Jonesboro. In 2012, the city raised $497,960 from the occupancy tax. The city collects 3 percent on each room the hotel rents.

The rise in hotel room revenue can be tied to “the continued growth of the community,” said Mark Young, president and CEO of the Jonesboro Regional Chamber of Commerce. Both business and leisure travelers “see Jonesboro as a great place to be,” he said.

Hotel rooms are being filled up by the number of visitors in Jonesboro for the sports tournaments held throughout the year, Young said. And events at Arkansas State University at Jonesboro also draw people to the area, he said.

The hotel with the most room revenue in 2013 was the Hilton Garden Inn. It had $2.99 million in room revenue, which was up 6.8 percent from the previous year.

One of the largest percent changes came from Candlewood Suites. Its room revenue was $1.1 million in 2013, an increase of 35 percent from the previous year.

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