The City of Springdale has received October's Advertising and Promotion (A&P) tax revenue, and for the first time ever the revenue has surpassed $50,000 for a total of $50,941.02 generated that month. This was a 15.72% increase over the A&P tax generated in October 2015, and a 9.6% increase over the A&P tax generated the previous month.
The A&P tax is a 2% tax on the gross proceeds from rental accommodations, commonly known as a "hotel tax." The fund is managed by the A&P Commission and is used to encourage tourism to Springdale.
Increased tourism to Springdale not only helps to support our local hotels and motels, but it also supports our shops, restaurants and other attractions. Springdale's local economy benefits greatly from strong tourism to our city.
"These numbers show that Springdale is becoming a destination in Northwest Arkansas for tourism, conventions and event planning," said Springdale Mayor Doug Sprouse. "Additionally, when people come to Northwest Arkansas, whether it's for a football game at the University of Arkansas or to check out the natural beauty of our region, more and more they are choosing to stay in Springdale."
Springdale's A&P Commission was recently honored by ConventionSouth Magazine with a 2016 Readers' Choice Award.