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A recent study by Visit Florida revealed travelers spent $124 billion in 2022. And, for every dollar spent, 97 cents were retained in the local economy.
Additional stats highlighted by the report included:
• Tourism was responsible for 9.5% of all Florida jobs in 2022, making it the state’s second largest employer.
• Florida tourism raised a total of $35.2 billion in taxes, $18.9 billion in federal tax revenue, $8.1 billion in Florida state tax revenue and $8.2 billion in local tax receipts.
• Without tourism, Florida’s households would have to pay $1,840 in state and local taxes to maintain current levels of receipts.
– Marie Patasin, C2 Communications, The SWFL 100