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Home Business

Visitors Spend a Record $1 Billion

by user
August 26, 2013
in Business
Visitors Spend a Record $1 Billion

Imagine Omaha hosting 40 College World Series events every year—in essence, that’s what actually happens in our city. New economic impact research shows 5 million out-of-town guests visited Omaha in 2012, the equivalent of holding the CWS in our city dozens and dozens of times. But more importantly, the research shows Omaha is no longer a one- or two-trick pony, where people only visit to attend the CWS or Berkshire Hathaway’s Shareholders Meeting. Our city has developed into a year-round destination.

Research conducted by Tourism Economics shows more people are visiting Omaha and spending more in our city than ever before. In 2012, research shows visitors spent $1.025 billion dollars in Omaha, a 13 percent spending increase in two years. As expected, visitor spending is highest during the second and third quarter during the typical summer travel season; however, hundreds of millions of dollars are being spent during other times of the year as well—more proof Omaha’s tourism engine is running full time.

The fact that tourism is a year-round business also impacts each of us directly in the form of tax relief. When visitors eat in our restaurants, stay in our hotels, and shop in our stores, they are bringing new money into our local economy. Tourism Economics reports that visitor spending saves each Douglas County household approximately $655 a year in taxes.

These new numbers make it clear that the more visitors spend, the more we save—simple math that adds up to a big return all year long.r

Questions or comments? E-mail us at info@visitomaha.com.

Dana Markel is Executive Director of Omaha Convention & Visitors Bureau.

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