Tourism Means Economic Development
In a struggling economy, tourism continues to be one of the few economic bright spots, generating $813 billion in spending annually, creating $124 billion in tax receipts and supporting 7.5 million jobs nationally. Tourism is proving to be essential to the economic vitality of communities throughout the country, however, as with every economic sector, tourism’s situation is precarious. A dip in the economy, a natural disaster or bad summer season is all it would take to create serious financial loss. It is a loss that would have a ripple effect throughout the Southeast and the nation.