Hurricane Ian could cost Florida tourism USD8 billion
Florida could take a $70 billion hit in economic losses from Hurricane Ian.
One analyst predicts 10% could be wiped off the state’s annual tourism revenue.
Chuck Watson, of Enki Research, which calculates the costs of natural disasters, says tourism could lose $8 billion.
“There is the physical damage and the disruption from people cancelling travel plans,” he told CBS.
Luckily it’s not peak season.
“At least it is the off-season. They have time to rebuild and recover because you get more tourism around Thanksgiving and Christmas,” he said.
Hurricane Irma in 2017 cost Florida an estimated $50 billion.
The state’s citrus industry could be hardest hit while Ian looks to have caused billions of dollars in damages to homes and commercial real-estate.
“When we looked at how the economy was affected, you see a pattern of loss of jobs as businesses are shut down or suffered damage from storms,” said Sean Snaith, national economist and director of University of Central Florida’s Institute for Economic Forecasting.
Ray Monty
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt