HomeMy WebLinkAbout2012_April_Skiseason_VBR
June 14, 2012
The April Vail Business Review breaks down the four percent sales tax collect ed for April and the
ski season .
Overall April sales tax de creased 4.0 % with Retail de creasing 3.9 %, Lodging in creased 7.7 %,
Food and Beverage de creased 10.0 % and Utilities/Other (which is mainly utilities but also includes
taxable services and rentals) de creased 1 1.9 %. T he Out of Town category continues to be greatly
affected by interior design firms and furniture stores delivering in to Vail. Excluding the Out of
Town category , s ales tax for the month of April is down 1.7 %.
The ski season resulted in a 4.0 % increase overall with Retail flat , Lodging incre ased 9.1 %, Food
and Beverage increased 7.6 % and Utilities de creased 9.3 %. Excluding the Out of Town category ,
sales tax for the ski season i s up 5.9 %.
Town of Vail sales tax forms , the Vail Business Review and the sales tax worksheet are available
on www.vailgov.com . You can subscribe to have the Vail Business Review and the sales tax
worksheet e -mailed to you automatically from www.vailgov.com .
Please remember when reading the Vail Business Review that it is produced from sales tax
collections, as opposed to actual gross sales.
If you have any questions or comments please feel fr ee to call me at (970) 479 -2125 or Judy
Camp at (970) 479 -2119.
Sincerely,
Sally Lorton
Sal es Tax Administrator
APRIL 201 2
VAIL BUSINESS REVIEW
April 2012 Sales Tax
VAIL VILLAGE
April April April
2011 2012 %
Collections Collections Change
Retail 167,787 182,724 8.9%
Lodging 118,219 146,929 24.3%
Food &
Beverage 203,248 198,606 -2.3%
Other 3,342 4,364 30.6%
Total 492,596 532,623 8.1%
LIONSHEAD
April April April
2011 2012 %
Collections Collections Change
.
Retail 88,936 69,945 -21.4%
Lodging 100,364 102,624 2.3%
Food &
Beverage 63,147 50,161 -20.6%
Other 3,840 4,064 5.8%
Total 256,287 226,794 -11.5%
April 2012 Sales Tax
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
April April April
2011 2012 %
Collections Collections Change
Retail 123,736 123,965 0.2%
Lodging 52,657 39,526 -24.9%
Food &
Beverage 41,737 29,089 -30.3%
Other 6,009 4,653 -22.6%
Total 224,139 197,233 -12.0%
OUT OF TOWN
April April April
2011 2012 %
Collections Collections Change
Retail 39,299 26,801 -31.8%
Lodging 10,223 14,035 37.3%
Food &
Beverage 708 198 -72.0%
Utilities & 168,621 147,005 -12.8%
Other
Total 218,851 188,039 -14.1%
April 2012 Sales Tax
TOTAL
April April April
2011 2012 %
Collections Collections Change
Retail 419,758 403,435 -3.9%
Lodging 281,463 303,114 7.7%
Food &
Beverage 308,840 278,054 -10.0%
Utilities & 181,812 160,086 -11.9%
Other
Total 1,191,873 1,144,689 -4.0%
RETAIL SUMMARY
April April April
2011 20 1 2 %
Collections C ollections Change
FOOD 93,765 93,640 -.1 %
LIQUOR 29,434 28,419 -3.4 %
APPAREL 49,857 57,334 15.0 %
SPORT 166,117 154,599 -6.9 %
JEWELRY 13,966 10,719 -23.2 %
GIFT 3,871 3,902 .8 %
GALLERY 2,554 2,121 -17.0 %
OTHER 59,484 52,229 -12.2 %
HOME
OCCUPATION
710 472 -33.5 %
TOTAL 419,758 403,435
-3.9 %
Ski Season 11/12
VAIL VILLAGE
Ski Season Ski Season Ski Season
10/11 11/12 %
Collections Collections Change
Retail 1,958,121 2,054,316 4.9%
Lodging 2,148,434 2,474,013 15.2%
Food &
Beverage 2,023,554 2,247,260 11.1%
Other 66,590 67,390 1.2%
Total 6,196,699 6,842,979 10.4%
LIONSHEAD
Ski Season Ski Season Ski Season
10/11 11/12 %
Collections Collections Change
.
Retail 977,397 943,853 -3.4%
Lodging 1,670,696 1,753,721 5.0%
Food &
Beverage 632,942 636,165 0.5%
Other 30,258 28,386 -6.2%
Total 3,311,293 3,362,125 1.5%
Ski Season 11/12
CASCADE VILLAGE/EAST VAIL/SANDSTONE/WEST VAIL
Ski Season Ski Season Ski Season
10/11 11/12 %
Collections Collections Change
Retail 1,131,777 1,129,250 -0.2%
Lodging 818,314 825,221 0.8%
Food &
Beverage 335,369 336,275 0.3%
Other 29,506 28,888 -2.1%
Total 2,314,966 2,319,634 0.2%
OUT OF TOWN
Ski Season Ski Season Ski Season
10/11 11/12 %
Collections Collections Change
Retail 347,410 288,733 -16.9%
Lodging 190,671 213,366 11.9%
Food &
Beverage 7,771 7,680 -1.2%
Utilities & 1,236,302 1,110,900 -10.1%
Other
Total 1,782,154 1,620,679 -9.1%
Ski Season 11/12
TOTAL
Ski Season Ski Season Ski Season
10/11 11/12 %
Collections Collections Change
Retail 4,414,705 4,416,152 0.0%
Lodging 4,828,115 5,266,321 9.1%
Food &
Beverage 2,999,636 3,227,380 7.6%
Utilities & 1,362,656 1,235,564 -9.3%
Other
Total 13,605,112 14,145,417 4.0%
RETAIL SUMMARY
Ski Season Ski Season Ski Season
‘10/11 ‘11/12 %
C ollections C ollections C hange
FOOD 794,776 799,469 .6 %
LIQUOR 273,556 292,713 7.0 %
APPAREL 508,216 572,972 12.7 %
SPORT 2,079,475 2,016,439 -3.0 %
JEWELRY 137,537 144,235 4.9 %
GIFT 58,060 49,650 -14.5 %
GALLERY 29,709 28,388 -4.4 %
OTHER 529,998
509,655 -3.8 %
HOME
OCCUPATION
3,378
2,631 -22.1 %
TOTAL 4,414,705 4,416,152 .0 %