National Travel and Tourism Week and aligns with California Tourism Month - TravelMole


National Travel and Tourism Week and aligns with California Tourism Month

Friday, May 17, 2024 0

 

Today, in celebration of National Travel and Tourism Week (NTTW), Visit SLO CAL, the official destination marketing and management organization (DMMO) for San Luis Obispo County (SLO CAL) announced that tourism has reached $2.32 billion in direct travel spending in SLO CAL, marking a consistent performance from the previous year. This is a significant achievement for SLO CAL, which is leading the way in visitor spending on the central coast.

 

In 2023, tourism in SLO CAL generated a significant $60.1 million in transient occupancy tax revenue. Tourism in SLO CAL puts 22,830 residents to work each day, marking a 2% year over year (YOY) increase and encompasses various sectors including lodging, food service, arts, entertainment, recreation, ground transportation, wineries, breweries, distilleries and more.

 

“We are thrilled to highlight the positive impact of tourism in SLO CAL as we celebrate National Travel and Tourism Week and California Tourism Month,” said Cathy Cartier, Interim President & CEO of Visit SLO CAL. “Tourism stands as the second-largest economic driver in SLO CAL, following agriculture, and plays a pivotal role in enabling success across all industries by fostering sales growth and innovation, supporting education and facilitating operations that power our economy, nation and community.”

 

In 2023, tourism also contributed $110 million in local tax revenue. Without the tax revenue generated by tourism, each local household would need to pay an additional $21,415 to create the same economic benefit for the community. Furthermore, each household would need to spend an additional $1,914 in taxes to create the same economic impact for local businesses.

 

Cartier continues, “Tourism in SLO CAL strengthens local businesses, contributes to community preservation and creates thousands of jobs. We are pleased with the consistent performance of tourism in visitor spending in SLO CAL.”

 

Other notable metrics achieved in 2023 include:

 

  • Tourism in SLO CAL generated $207 million in state & local taxes
  • Tourism in SLO CAL comprises of 10.66% of countywide GDP
  • SLO CAL’s tourism industry earnings (total after-tax net income for travel including wages and salary disbursements) $912 million. This is an increase of 5.9% YOY

 

This announcement coincides with the U.S. Travel Association’s NTTW celebrated from May 19-25, 2024. This annual tradition recognizes the vital role travel plays in stimulating economic growth, fostering vibrant communities, creating quality job opportunities, inspiring new businesses and enhancing the quality of life for Americans.

 

NTTW aligns with California Tourism Month, a bipartisan declaration established in 2016 for the month of May. Through this annual designation, the state-wide travel organization, Visit California relies on in-state tourism partners, such as Visit SLO CAL, to emphasize the importance of collective resiliency and resolve in shaping a more efficient, innovative and sustainable travel industry.

 

As the official DMMO for SLO CAL, Visit SLO CAL values its investors, partners and stakeholders and the diverse communities comprising SLO CAL, including Nipomo, Grover Beach, Oceano, Arroyo Grande, Pismo Beach, Shell Beach, Avila Beach, Edna Valley, San Luis Obispo, Los Osos/Baywood Park, Morro Bay, Cayucos, Cambria, Harmony, Paso Robles, Templeton, Atascadero, Creston, Shandon, Cholame, San Miguel, Santa Margarita, Pozo, San Simeon and Ragged Point.



Learn more about US Travel Association


Most Read

Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms

Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand

Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims

TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka

Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences

Florida’s Tourism Boom: Dana Young Analyzes Surge in UK Visitors

Elliott Ferguson’s Vision: Elevating Washington DC’s Global Appeal

Empowering Travel Agents and Tour Operators: A Conversation with Go Nexus Group President

Expedia TAAP incorporates AI for their 100,000 registered agents

Travefy CEO & Founder Talks About Their Itinerary Management For Travel Professionals

MMGY’s Jonathan Sloan: A Tale of Triumph Amidst Adversity

Unlocking Opportunities: Viator Empowers Travel Agents with Innovative Tools and Expansive Offerings

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari

true