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TDT collections show mixed recovery: inland gains offset beach rental shortfalls
Summary
Visit St. Pete Clearwater staff reported November TDT (tourist development tax) collections nearly matched 2023 but highlighted a split between inland growth and beach-area losses; vacation-rental supply remained constrained after hurricanes.
Visit St. Pete Clearwater analyst Eddie presented November tax and occupancy data showing a nuanced recovery across Pinellas County.
Eddie told council members November TDT revenue was down less than 1% year over year, a marked improvement from October when collections fell about 28% (roughly $1.7 million). "Jumping ahead now to the month of November, we were down less than a percentage point," Eddie said.
Eddie said inland properties led gains: St. Petersburg inland TDT collections passed $1,000,000 in November for the first…
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