Tourism is a vital industry to Texas. Not only does it provide economic benefit to communities by bringing in new sources of revenue but it also creates jobs within the community.
D/FW Area Tourism Economic Impact Figures1:
- The D/FW Area is the #1 tourist destination in Texas
- Provided $18.2 billion – more than one third of the State’s tourist spending of $53.8 billion
- Provided over 155,000 jobs with an annual payroll of $5.8 billon
- The DFW area through tourism contributed over $1 billion in local and state taxes.
State of Texas Tourism Economic Impact Figures1 :
- Total direct travel spending in Texas was $53.8 billion and represents a 9.3 percent increase over the preceding year.
- Texas residents accounted for one-half of all visitor spending in Texas in 2006. International visitors accounted for 9 percent and residents from other states accounted for 41 percent.
- Visitors who stayed overnight in commercial lodging spent $24.2 billion in 2006 which represents more than one-half of all visitor spending at destinations in the state.
- Directly supported over 521,000 jobs with an annual payroll of $15.5 billon.
- Indirectly supported through re-spending of travel related revenues an additional 458,000 jobs and a $15.5 billion in earnings.
- Total tax impact (local, state, federal) of travel spending in Texas was $7.1 billion. Without this tax-generated revenue, each household in Texas would have had to pay $860 in additional taxes.
1 Information gathered from the Texas Economic Development-Travel Research Section (2006P numbers).