Panama City bed tax declining

PANAMA CITY — Bed taxes collected on hotel stays and short-term rentals have been decreasing in recent years in Panama City in contrast to the increasing numbers on Panama City Beach and Mexico Beach.The taxes are usually considered an reliable gauge of the health of tourism in a community.“The reason it is going down is because we have a reduction in inventory over the last few years,” said Jennifer Vigil, the CEO of the Panama City Tourist Development […]