Tourism is a strong, growing industry in the Cincinnati region, and with more growth comes more possibility. The stronger the visitor economy is, the more it improves business and talent attraction/retention and drives new economic development opportunities. When visitor spending is growing, new restaurants, attractions, hotels and shops continue to invest in the region, improving both the visitor experience and the quality of life for local residents.
The Cincinnati USA CVB, meetNKY and the Regional Tourism Network recently concluded an annual study to get a full view of the economic impact travel and tourism creates in our region. Results from 2017 show some of the strongest numbers the Cincinnati region has tracked to date.
Key findings by the numbers:
- The Cincinnati region hosted a record 26.6 million visitors in 2017, up 2 percent from 2016.
- Visitors spent $5.3 billion, an increase of more than 4 percent year-over-year.
- The travel and tourism industry supported more than 80,000 jobs, a record number.
- Those 80,000+ workers earned more than $2.7 billion in income, up 5.1 percent year-over-year.
- Tax revenues generated by tourism offset the average household’s taxes by $653 per year.
These record numbers reflect the power of the Cincinnati region’s collaborative model and reinforce the growth and development efforts happening here.
Cincinnati’s travel and tourism industry has an immense opportunity to build on the sustained success and momentum we’ve created. As we renew our commitment to collaboratively growing the region’s economy through visitor experiences and expenditures, we thank you for your continual support of our mission.
Source: Tourism Economics and Longwoods International