Economic Impact of Travel & Tourism in TX via Ray Perryman. The numbers:
- 256 million domestic visitors to TX in 2015
- 5.2% increase in doemstic visitors from previous year
- 76% is liesure travel
- annual direct travel spending in Texas is estiamted at $72.0 billion per year
- per day travel spending in Texas is $197 million- every day
- 688,000 jobs directly supported
- $128.9 billion in gross product
- 1.4 Million permanent jobs generated by travel and tourism
- $7.0 billion in state tax revenue annually
- $5.8 billion of this is sales tax
- $3.3 billion in local tax revenue
- accounts for $1.2 billion in local property tax revenue
- ISDS receive $675.8 million in tax revenue from travel and tourism
Rio Grande Guardian | Perryman: The Impact of Texas Travel and Tourism