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?
Tag: Tourisim
Travel & tourism economy will recover from COVID-19, but it will be forever changed
With unprecedented economic hardships facing the travel and tourism industry, Virginia Tech expert Nancy McGehee says the industry will undoubtedly recover, but it will be forever changed. “Those in the industry who get through this will find ways to be…