Stowe Market Dashboard

Vermont Meals & Rooms and Sales & Use tax receipts as a proxy for lodging and visitor activity in Stowe, VT — inflation-adjusted to January 2019 dollars.
Data through Jul-26 · Generated November 04, 2026 · Source: Vermont Department of Taxes, Meals & Rooms and Sales & Use Tax Statistics (Town Data); BLS CPI-U, All Items, NSA
Stowe Meals YoY, real (Jul-26)
-0.7%
Nominal: +2.7% · Meals tax receipts
Stowe Rooms YoY, real (Jul-26)
+4.5%
Nominal: +8.0% · Rooms tax receipts
Stowe Alcohol YoY, real (Jul-26)
-4.7%
Nominal: -1.5% · Alcohol tax receipts
Stowe M&R YoY, real (Jul-26)
+1.1%
Nominal: +4.5% · Rooms+Meals+Alcohol combined
Stowe Retail YoY, real (Jul-26)
+22.2%
Nominal: +26.3% · Sales & Use, retail receipts
Under review: Stowe retail has run unusually high since Oct-25 and the cause isn’t yet explained. See the Sales & Use section below.
Stowe M&R CAGR, real (since Feb-2020)
+2.5%
Nominal: +6.5% · 12-mo avg basis, pre-COVID baseline
Stowe Retail CAGR, real (since Feb-2020)
+3.7%
Nominal: +7.8% · 12-mo avg basis, pre-COVID baseline
Under review: Stowe retail has run unusually high since Oct-25 and the cause isn’t yet explained. See the Sales & Use section below.
Applies to every chart on this page

About This Data

This dashboard is maintained as a shared resource for the Stowe business community — a way to track tourism and retail activity using data the State of Vermont already collects, updated monthly. It combines two series: Meals & Rooms tax receipts (lodging, dining, and alcohol sales) and Sales & Use tax receipts from retail (excluding grocery and wholesale). Because every lodging, restaurant, and retail business in town files these taxes monthly, the aggregated totals are a reliable proxy for visitor spending — no survey or estimate required.

All figures are shown two ways: as originally collected (nominal) and adjusted for inflation to constant January 2019 dollars (real), using the U.S. Bureau of Labor Statistics’ CPI-U. The real figures are the ones that matter for judging whether Stowe’s economy is actually growing, since nominal totals rise with inflation even when underlying activity is flat — that’s why the stat boxes above lead with real growth. Use the toggle above to switch every chart on the page between the two views.

The state periodically revises prior filings as amended returns and audits come in, so this dataset is rebuilt each month using the most current figures available for every prior month, not just what was originally filed.

Vermont also reports a state-level-only “Other” category — short-term rental platforms (Airbnb, VRBO, and similar) plus composite or out-of-state filers — that can’t be attributed to any individual town. Because it’s one statewide bucket rather than town-by-town reporting, it’s excluded from every Vermont total on this page for the entire period shown; folding it in would make Stowe’s (and every other town’s) share of the state look artificially small, and would make year-over-year comparisons of the Vermont totals meaningless. Stowe’s own figures are unaffected either way — this only concerns how the statewide comparison totals are built. The State of Vermont changed how it reports this row partway through the dataset: through 2022 it appeared on a separate, county-level “County Data” tab of each monthly report; starting January 2023, as part of a reporting change to comply with taxpayer confidentiality requirements, it moved onto the same table as the town-by-town figures instead. The Vermont Department of Taxes confirmed directly (Oct 2026) that it’s the same underlying category in both formats, just relocated — so it’s reconstructed here as one continuous series back to January 2019, the same as every other chart on this page, and tracked on its own below since it’s the best available signal for statewide short-term rental activity.

Seasons are defined as Winter (December through March), Spring (April–June), Summer (July–August), and Fall (September–November), grouping December with the following year’s Winter to match how the ski season actually falls on the calendar.

Stowe — Meals & Rooms Tax

Rooms, Meals, and Alcohol current receipts for the Town of Stowe, itemized. Trend charts show the 12-month trailing rolling average with alternating year bands; click any two points on a line to see the dollar and percent variance between them.

Trend (12-Month Rolling Average)

Rooms — 12mo Avg

Click two points on the line to compare them.

Meals — 12mo Avg

Click two points on the line to compare them.

Alcohol — 12mo Avg

Click two points on the line to compare them.

Seasonal Breakdown

Rooms

Winter
Spring
Summer
Fall

Meals

Winter
Spring
Summer
Fall

Alcohol

Winter
Spring
Summer
Fall

Combined Total (Rooms + Meals + Alcohol)

Rooms, Meals, and Alcohol summed into a single figure — the headline number for Stowe’s Meals & Rooms tax activity, and the basis for the combined YoY and CAGR figures in the stat boxes above.

Combined (Rooms + Meals + Alcohol) — 12mo Avg

Click two points on the line to compare them.
Winter
Spring
Summer
Fall

Stowe — Sales & Use Tax (Retail)

Retail current receipts for the Town of Stowe (excludes grocery/wholesale via Use).
Under review. For 10 consecutive months (since Oct-25) Stowe’s taxable retail receipts have run 18% to 39% above the same month a year earlier, while Stowe Meals & Rooms receipts over the same months grew 3% to 17% and most other Vermont towns grew far less. That gap is not yet explained. It may reflect a change in how or by whom receipts are reported to the state (for example, filers or sales moving into or out of the monthly report, or a change in how receipts are classified) rather than a real increase in retail spending, so please do not read the recent climb as underlying retail growth. We are checking with the Vermont Department of Taxes and local businesses and will update this page when we know more. The retail growth and CAGR figures at the top of the page are affected the same way.

Trend (12-Month Rolling Average)

Retail — 12mo Avg

Click two points on the line to compare them.

Seasonal Breakdown

Winter
Spring
Summer
Fall

Vermont Statewide — Meals & Rooms Tax (comparison)

Statewide totals (sum of all reporting towns), itemized. The state-level “Other” category — multi-site/out-of-state composite filers and short-term rental platforms, reported separately by the state rather than by town — is excluded throughout, so this series stays comparable across the full period. See “About This Data” above for how that category is reported and why it’s tracked separately rather than folded in. Shown as market-wide context alongside Stowe’s own figures above.

Trend (12-Month Rolling Average)

Rooms — 12mo Avg

Click two points on the line to compare them.

Meals — 12mo Avg

Click two points on the line to compare them.

Alcohol — 12mo Avg

Click two points on the line to compare them.

Seasonal Breakdown

Rooms

Winter
Spring
Summer
Fall

Meals

Winter
Spring
Summer
Fall

Alcohol

Winter
Spring
Summer
Fall

Rooms Tax — “Other” Category (Statewide, STR Proxy)

Vermont’s “Other” filers — short-term rental platforms plus composite/out-of-state filers — can’t be broken out by town, but this is the best available proxy for statewide STR activity, tracked here on its own rather than folded into (or excluded from) any other total. The state reports this row on a separate tab from the town-by-town data (through 2022, a county-level “County Data” tab; from 2023 on, folded into the main table) — reconstructed here as one continuous series back to January 2019, same as every other chart on this page.

Rooms (Other / STR proxy) — 12mo Avg

Click two points on the line to compare them.
Winter
Spring
Summer
Fall