It is National Travel and Tourism Week and we visit with Holly Russell with Visit Lubbock about how it all benefits homeowners in Lubbock.
Some facts from 2014 that Holly provided:
In 2014, tourism contributed $22.1 million in local tax receipts.
In 2014, $821.1 million was spent by tourists while visiting Lubbock.
As a result of travel to Lubbock in 2014, more than $600 was saved per household in property taxes. That’s $21 saved more than last year.
In 2014, Lubbock MSA (Lubbock Statistical Area) ranked as the seventh most popular destination among the top 26 Texas msa’s.
The tourism industry in Lubbock employs nearly 7,930 people, resulting in $243.7 million in annual earnings.
In 2015, the total lodging revenue in Lubbock was more than $107 million.
*Fact found in The Economic Impact of Travel in Texas, Dean Runyan Associates – 2014
*Fact found in The U.S. Census Bureau and The Economic Impact of Travel in Texas, Dean Runyan Associates
*Texas Tourism Region & MSA Visitor Profile
*Smith Travel Research
You can find more information on www.visitlubbock.org
