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Midland's hotel numbers soarMidland's hotel numbers soarhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=73212013-05-22T14:55:00Z2013-05-22T07:00:00Z

MIDLAND - The hotel business collected more than $20 million in taxable receipts in first quarter 2013.

The Texas Comptroller’s Office reported $20.1 million was collected between January 2013 and March 2013, which was an excess of $1.5 million more than Lubbock and $2.5 million more than Odessa. The total fell short of beating the top quarter in the city’s history which was $20,501,877 in 3Q 2012.

The $20.1 million during 1Q 2013 also is nearly three times the amount brought in during 1Q 2010, $7,252,122. Midland hotels collected $16.9 million during 1Q 2012. That means receipts grew by more than 17 percent in one year.

The hotels bringing in the most total receipts during the first quarter were the LaQuinta on Loop 250 ($3.6 million), the MCM Fundome in Odessa ($3.154 million) and the DoubleTree by Hilton ($3.05 million).

Midland Reporter-Telegram
Midland
Hotel
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