Arizona’s economic forecast: Will the state see a rebound in summer tourism?

Despite the Valley’s high temperatures, the appeal of traveling and enjoying leisure activities and entertainment around the state exists and contributes to the state’s overall tourism tax revenue. In 2019, prior to the pandemic, Arizona’s estimated tax revenue from lodging, restaurants and bars, retail and amusement was well over $67 million in June alone, according to the Arizona Office of Tourism. So what’s Arizona’s summer economic forecast for 2021 after a cautious pandemic year?

$1M Awarded to Companies Innovating Solutions to Challenges Facing Hospitality Industry in UNLV-hosted Competition

The Lee Prize for Innovation and Entrepreneurship recently awarded nearly $1 million to eight companies developing solutions that could help spur recovery in the hospitality industry amid the ongoing COVID-19 pandemic.