ECONOMIC IMPACT OF TOURISM - Amazon Web Servicescolorado-springs.s3.amazonaws.com › CMS › 2681...
Transcript of ECONOMIC IMPACT OF TOURISM - Amazon Web Servicescolorado-springs.s3.amazonaws.com › CMS › 2681...
ECONOMIC IMPACT OF TOURISMTOURISM = JOBS + TAX REVENUE
Tourism is our largest industry, 3rd
17,000prov
idin
g
jobs
Visitors spend more than
43per second
117,000,000
In 2014, The CVB
Sales Team booked group
business totalling more than
Americans say travel makes them
feel more alive
810out
of
reduces stress & sick days
Taking vacations
If all Americans used their available
paid time off, it would create
1.2 million jobs Companies that spend more on travel post
stronger profits
Most adults remember trips they took when they were as young as 5
Couples whotravel together are more likely to stay together
overnight visitors per year
5.2million
The region attracts more than
S
million 474
The industry payroll is moreS
... AND HOW TRAVEL IMPROVES OUR NATION’S HEALTH!
EXPLORE HOW TOURISM BOOSTS OUR REGIONAL ECONOMY...SOURCES:Colorado Blueprint Region 4 Profile, 2014Dean Runyan Associates “The Economic Impact of Travel on Colorado” 1996-2011The U.S. Travel AssociationMeetings Mean Business <http://www.meetingsmeanbusiness.com/>
People who visit often relocate
their business here
Economic impact of tourism in the region is
1.35 billion
destination, influencing their decision to come back
Meeting attendeesexplore a
The meetings industry contributed more than$ 2 8 0 billion
to the economy
Visitors pay more than 56 millionin local taxes per year
Visitor tax revenue saves each family of four 340 in taxes per year
Every invested in business travel equals 9.50 in revenue and 2.90 in profits
than
CITY FOR CHAMPIONSA BIG WIN FOR COLORADO SPRINGS
Colorado Sports & Event Center USAFA Gateway Visitor Center
UCCS Sports Medicine & Performance Center
WILL ATTRACT 1.2 MILLION VISITORS EACH YEAR
WILL ADD $6.4 MILLION IN NEW SALES TAX REVENUE FOR
THE CITY & COUNTY ANNUALLY
WILL CREATE MORE THAN 5,100 NEW JOBS
WILL REVITALIZE DOWNTOWN WITH SHOPS & RESTAURANTSCITYFORCHAMPIONS.COM