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HomeMy WebLinkAbout03. Vail Business Report, June 2017 August 3 The Vail June and Overall J food and of town c Year to d increasin utilities/o down 1.8 Electron www.vai Town of V on the in the sales Please re collection If you ha Kathleen Sincerely Johanna Sales Ta 30, 2017 Business Re d year to dat June sales ta beverage d category; sal date through ng 1.6%, lodg other decreas 8%. nic filing and ilgov.com/e Vail sales ta ternet at ww s tax worksh emember wh ns, as oppos ve any ques n Halloran at y, h Richards ax Administra Va eview break te through th ax increased decreased 7. les tax for th the second ging decrea sed by 9.2% d payment o epay ax forms, the ww.vailgov.co eet e-mailed hen reading sed to actua stions or com (970) 479-2 ator ail Busi Jun ks down the f he second qu d 4.9% with r .7%, and uti he month of J quarter of 2 sed 3.0%, fo %. Excluding of Vail sale e Vail Busine om. You can d to you auto the Vail Bus l gross sales mments plea 2116. ness R ne 201 four percent uarter of 201 retail increas lities/other d June was up 2017 resulte ood and bev the out of to s tax is now ess Review a n subscribe t omatically fro siness Revie s. ase feel free Review 7 t sales tax co 17. sing 9.1%, lo decreased by p 5.0%. d in a 2.1% verage decre own category w an option and sales ta to have the V om www.vai ew that it is p to call me a w ollected for t odging incre y 10.2%. Ex decrease ov eased 2.9%, ry; sales tax n. Please vi ax workshee Vail Busines ilgov.com. produced fro at (970) 479- the month o eased 19.9% xcluding the verall with re and year to date sit ts are availa ss Review a om sales tax -2125 or of %, out etail e is able nd x TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW JuneJuneJuneJune Sales Tax Newsletter June 2017 Sales TaxJune 2017 Sales TaxJune 2017 Sales TaxJune 2017 Sales Tax JuneJuneJune 2016 2017 % Collections Collections Change VAIL VILLAGE Retail 148,210 171,259 15.55 % Lodging 189,386 252,339 33.24 % F & B 275,362 258,223 -6.22 % Other 11,656 7,223 -38.03 % Total 624,614 689,044 10.32 % LIONSHEAD Retail 36,117 39,545 9.49 % Lodging 111,807 125,066 11.86 % F & B 76,690 64,210 -16.27 % Other 5,748 6,346 10.41 % Total 230,361 235,167 2.09 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 136,835 130,034 -4.97 % Lodging 35,464 27,852 -21.47 % F & B 42,055 42,436 0.91 % Other 9,302 8,280 -10.98 % Total 223,655 208,602 -6.73 % OUT OF TOWN Retail 117,239 137,405 17.20 % Lodging 7,094 7,048 -0.64 % F & B 1,862 793 -57.44 % Utilities & Other 113,522 104,144 -8.26 % Total 239,716 249,390 4.04 % 8/30/2017 10:47:00 AM Page 1 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW JuneJuneJuneJune Sales Tax Newsletter June 2017 Sales TaxJune 2017 Sales TaxJune 2017 Sales TaxJune 2017 Sales Tax TOTALTOTALTOTALTOTAL JuneJuneJune 2016 2017 % Collections Collections Change Retail 478,244 9.09 % Lodging And Property Mgmt 343,751 412,305 19.94 % Food and Beverage 395,968 365,662 -7.65 % Other 140,228 125,994 -10.15 % Total 1,318,347 1,382,204 4.85 % RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY JuneJuneJune 2016 2017 % Collections Collections Change RETAIL-FOOD 110,218 108,130 -1.89 % RETAIL-LIQUOR 34,847 37,768 8.38 % RETAIL-APPAREL 81,399 90,512 11.20 % RETAIL-SPORT 58,470 61,738 5.59 % RETAIL-JEWELRY 13,315 12,486 -6.22 % RETAIL-GIFT 4,039 3,502 -13.32 % RETAIL-GALLERY 2,105 2,111 0.28 % RETAIL-OTHER 133,978 161,962 20.89 % RETAIL-HOME OCCUPATION 28 34 20.71 % Total 438,400 478,244 9.09 % 8/30/2017 10:47:00 AM Page 2 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW Ju ne YTDJune YTDJune YTDJune YTD Sales Tax Newsletter June YTD 2017 Sales TaxJune YTD 2017 Sales TaxJune YTD 2017 Sales TaxJune YTD 2017 Sales Tax June YTDJune YTDJune YTD 2016 2017 % Collections Collections Change VAIL VILLAGE Retail 1,985,637 2,082,693 4.89 % Lodging 2,819,857 3,014,403 6.90 % F & B 2,352,828 2,401,167 2.05 % Other 107,708 70,332 -34.70 % Total 7,266,030 7,568,594 4.16 % LIONSHEAD Retail 815,503 832,979 2.14 % Lodging 1,891,329 1,945,050 2.84 % F & B 627,337 618,225 -1.45 % Other 37,072 38,649 4.25 % Total 3,371,241 3,434,903 1.89 % CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL Retail 1,023,188 957,201 -6.45 % Lodging 897,937 491,332 -45.28 % F & B 370,776 236,532 -36.21 % Other 36,883 48,733 32.13 % Total 2,328,783 1,733,798 -25.55 % OUT OF TOWN Retail 647,188 668,142 3.24 % Lodging 204,688 188,164 -8.07 % F & B 9,261 8,154 -11.96 % Utilities & Other 947,121 867,749 -8.38 % Total 1,808,258 1,732,209 -4.21 % 8/30/2017 10:58:34 AM Page 1 of 2 TOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEWTOWN OF VAIL BUSINESS REVIEW Ju ne YTDJune YTDJune YTDJune YTD Sales Tax Newsletter June YTD 2017 Sales TaxJune YTD 2017 Sales TaxJune YTD 2017 Sales TaxJune YTD 2017 Sales Tax TOTALTOTALTOTALTOTAL June YTDJune YTDJune YTD 2016 2017 % Collections Collections Change Retail 4,471,516 4,541,014 1.55 % Lodging And Property Mgmt 5,813,811 5,638,948 -3.01 % Food and Beverage 3,360,202 3,264,077 -2.86 % Other 1,128,783 1,025,464 -9.15 % Total 14,774,312 14,469,504 -2.06 % RETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARYRETAIL SUMMARY June YTDJune YTDJune YTD 2016 2017 % Collections Collections Change RETAIL-FOOD 769,426 773,128 0.48 % RETAIL-LIQUOR 275,354 288,255 4.69 % RETAIL-APPAREL 745,762 748,214 0.33 % RETAIL-SPORT 1,744,767 1,704,816 -2.29 % RETAIL-JEWELRY 93,012 90,121 -3.11 % RETAIL-GIFT 23,292 26,988 15.87 % RETAIL-GALLERY 16,776 16,170 -3.61 % RETAIL-OTHER 802,875 893,047 11.23 % RETAIL-HOME OCCUPATION 252 274 9.02 % Total 4,471,516 4,541,014 1.55 % 8/30/2017 10:58:35 AM Page 2 of 2