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HomeMy WebLinkAbout07. December 2016 Vail Business Review February The Vail month o Overall increase 3.6%. Ex down 1. The yea increase 6.3%. 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Ple ales tax wor ibe to have automatica t it is produ l me at (970 ted for the , lodging decreased b ember was lodging ncreased b %. ease visit rksheets ar the Vail ally from uced from s 0) 479-2125 by y re sales 5 or TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW DecemberDecemberDecemberDecember Sales Tax Newsletter December 2016 Sales TaxDecember 2016 Sales TaxDecember 2016 Sales TaxDecember 2016 Sales Tax DecemberDecemberDecember 2015 2016 % Collections Collections Change VAIL VILLAGE Retail 707,613 661,070 -6.58 % Lodging 808,153 848,129 4.95 % F & B 545,287 563,667 3.37 % Other 17,914 18,872 5.35 % Total 2,078,967 2,091,739 0.61 % LIONSHEAD Retail 253,021 258,574 2.19 % Lodging 466,391 538,242 15.41 % F & B 124,178 108,423 -12.69 % Other 1,380 8,710 530.92 % Total 844,971 913,948 8.16 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 328,478 301,795 -8.12 % Lodging 206,859 111,965 -45.87 % F & B 74,340 53,618 -27.87 % Other 5,828 12,164 108.70 % Total 615,505 479,542 -22.09 % OUT OF TOWN Retail 133,920 156,418 16.80 % Lodging 44,380 44,832 1.02 % F & B 1,675 1,142 -31.84 % Utilities & Other 169,130 147,451 -12.82 % Total 349,105 349,844 0.21 % 2/28/2017 2:35:59 PM Page 1 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW DecemberDecemberDecemberDecember Sales Tax Newsletter December 2016 Sales TaxDecember 2016 Sales TaxDecember 2016 Sales TaxDecember 2016 Sales Tax TOTALTOTALTOTALTOTAL DecemberDecemberDecember 2015 2016 % Collections Collections Change Retail 1,423,032 1,377,857 -3.17 % Lodging And Property Mgmt 1,525,783 1,543,168 1.14 % Food and Beverage 745,480 726,851 -2.50 % Other 194,252 187,197 -3.63 % Total 3,888,548 3,835,073 -1.38 % RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY DecemberDecemberDecember 2015 2016 % Collections Collections Change RETAIL-FOOD 239,545 241,855 0.96 % RETAIL-LIQUOR 78,423 79,285 1.10 % RETAIL-APPAREL 236,588 227,031 -4.04 % RETAIL-SPORT 600,505 557,894 -7.10 % RETAIL-JEWELRY 65,957 48,394 -26.63 % RETAIL-GIFT 10,986 11,115 1.18 % RETAIL-GALLERY 5,362 3,933 -26.65 % RETAIL-OTHER 185,599 208,312 12.24 % RETAIL-HOME OCCUPATION 67 37 -44.92 % Total 1,423,032 1,377,857 -3.17 % 2/28/2017 2:36:00 PM Page 2 of 2 2016 Town of Vail Business Review Sales Tax Newsletter 2016 Sales Tax 2015 2016 Collections Collections %Change VAIL VILLAGE Retail 3,761,201 3,739,592 -0.57 % Lodging 4,424,347 4,643,294 4.95 % F & B 4,222,891 4,324,268 2.40 % Other 121,199 193,249 59.45 % Total 12,529,639 12,900,404 2.96 % LIONSHEAD Retail 1,379,678 1,346,622 -2.40 % Lodging 2,748,333 3,042,552 10.71 % F & B 1,031,220 1,041,188 0.97 % Other 47,316 69,070 45.98 % Total 5,206,546 5,499,433 5.63 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 2,000,511 1,994,737 -0.29 % Lodging 1,449,196 1,199,998 -17.20 % F & B 808,268 665,332 -17.68 % Other 70,532 79,632 12.90 % Total 4,328,507 3,939,699 -8.98 % OUT OF TOWN Retail 1,170,968 1,476,828 26.12 % Lodging 287,323 294,069 2.35 % F & B 14,233 13,973 -1.83 % Utilities & Other 1,624,874 1,638,818 0.86 % Total 3,097,398 3,423,688 10.53 % 2/28/2017 2:37:21 PM Page 1 of 2 2016 Town of Vail Business Review Sales Tax Newsletter 2016 Sales Tax TOTALTOTALTOTALTOTAL 2015 2016 Collections Collections %Change Retail 8,312,359 8,557,779 2.95 % Lodging And Property Mgmt 8,909,198 9,179,913 3.04 % Food and Beverage 6,076,612 6,044,761 -0.52 % Other 1,863,921 1,980,770 6.27 % Total 25,162,090 25,763,223 2.39 % RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY 2015 2016 Collections Collections % Change RETAIL-FOOD 1,517,022 1,572,044 3.63 % RETAIL-LIQUOR 515,322 535,682 3.95 % RETAIL-APPAREL 1,524,751 1,511,095 -0.90 % RETAIL-SPORT 2,792,372 2,719,055 -2.63 % RETAIL-JEWELRY 277,496 238,245 -14.14 % RETAIL-GIFT 56,769 60,254 6.14 % RETAIL-GALLERY 53,673 38,497 -28.27 % RETAIL-OTHER 1,574,354 1,882,437 19.57 % RETAIL-HOME OCCUPATION 601 470 -21.77 % Total 8,312,359 8,557,779 2.95 % 2/28/2017 2:37:22 PM Page 2 of 2