Nevada is expected to pay some of the highest hotel compensation and hotel-generated tax revenue in 2024, according to new industry report.
Hotels in the Silver State are expected to generate about $8.1 billion in taxes – or $3.7 billion in federal taxes and $4.4 billion in state and local taxes – according to the American Hotel and Lodging Association’s state-by-state comparison of economic impact released on April 8. That’s the third-largest total, behind California and New York.
The state’s industry is also expected to pay out the second-highest total of wages, salaries and compensation this year, at $14.4 billion, according to data from Oxford Economics included in the report.
