APPENDIX A - TRANSIENT ROOM TAX COLLECTIONS

Transient Room Tax collections (TRT) serve as the primary metric Visit Bend uses to measure the ebbs and flows of Bend’s tourism industry. Due to the demand-driven nature of lodging pricing (the higher the demand, the higher the lodging rates), TRT collections provide a BLENDED METRIC of rate and occupancy, effectively approximating the overall demand for a destination’s lodging inventory.

Bend’s TRT collections set a historic high in fiscal year 2021 with collections exceeding $11,000,000 for the first time in the city’s history and are on pace to raise the bar even higher in FY2022. The chart below provides TRT collections from fiscal year 2017 through March 2022 (actual).

CITY OF BEND TRT REVENUE

Reported to Visit Bend by City of Bend Finance Department

Historical High Month Affected by COVID-19