Travel and Tourism Spending Generates $575 Million for the Local Economy in 2013 as Room Tax Revenue
May 9, 2014
For Immediate Release
Contact: Lisa Lawton, Community Relations Director, Travel Lane County
(541) 484-5307; (800) 547-5445; Lisa@EugeneCascadesCoast.org
Travel and tourism spending generates $575 million for the local economy in 2013 as room tax revenues rise to record levels
Eugene, Ore. - As the nation's tourism industry focuses on the impacts of visitor spending across the country this week, Lane County is celebrating the impacts of its own local industry. This week marks the U.S. Travel Association's annual recognition of travel and tourism impacts across the country with National Tourism Week observances.
Travel Lane County just released the latest economic impact figures from Dean Runyan Associates, an independent research firm that tracks travel impacts coast to coast. The report shows visitor spending pumped more than $575 million into Lane County's economy in 2013, supporting local businesses and 8,510 jobs.
Most of the spending occurred in local restaurants and other food-related services, followed by spending on accommodations, retail sales, arts, entertainment, recreation and transportation.
Travel Lane County and Travel Oregon representatives will share the latest statistics and ways both organizations are working to attract more visitors to the county and the state on Friday, May 9 at 1 p.m. at the Eugene, Cascades & Coast Adventure Center located at 3312 Gateway St. in Springfield.
While overall impacts are now showing steady growth from year-to-year, room tax collections are at a record high since 2008 showing healthy signs that the local visitor industry is prospering.
Below is a summary of visitor spending in Lane County 2013:
Food Service/Restaurants - $167 million
Accommodations - $102.4 million
Retail Sales - $90 million
Arts, Entertainment & Recreation - $79 million
Local Transportation & Gas - $76.2 million
Food Stores - $60.9 million
Meanwhile, the travel and tourism industry continues to be one of the leading export-oriented industries in the state of Oregon, generating $9.6 billion in 2013 and supporting 93,000 jobs. Nationally, the industry generates $887.9 billion and supports 7.9 million jobs.
Dean Runyan's complete 2013 Travel Lane County Impacts Report is available online, as well as reports on Oregon's Travel Impacts and the U.S. Travel Association's economic highlights.
Travel Lane County is a private, nonprofit association dedicated to economic development through visitor spending.