Tupelo's monthly tourism revenues grow

By Carlie Kollath/NEMS Daily Journal

TUPELO – The city’s tourism revenues grew about 10 percent in June, according to numbers released Monday.
Tourism sales tax revenues in June were $316,686, up 10.4 percent from June 2010, the Tupelo Convention and Visitors Bureau board reported at its monthly meeting.
The revenues come from a 2 percent tax on hotels, motels and restaurants in Tupelo.
For the fiscal year, the revenues are up 4.6 percent. This fiscal year ends at the end of September.
Last year, the revenues grew 2.8 percent.
The CVB ended July with a total fund balance of $2,394,177.
The board members on Monday also voted to create two scholarships to the Southeast Tourism Society Marketing College. The scholarships are in memory of former board members Everett Kinsey and Lynn Davis.
Kinsey served for 10 years and represented the lodging industry. Davis was a Community Development Foundation appointee and served for 10 years.
The scholarships will be awarded annually to two people working in Tupelo’s hospitality industry.

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