Tourist Development Tax collection showed a 36.64% increase in South Walton for January 2021 compared with the previous year. Total collections for January 2021 were $1,118,307.
The Tourist Development Tax, or bed tax, is a five percent tax collected on hotels, condos and other short-term rentals. It is the best way to gauge visitation and demand trends in South Walton. The revenue supports tourism marketing and beach operations including cleaning and maintaining beaches, lifeguards, destination improvements and preservation initiatives.