In June of 2018 an updated report on the economic impact of travel and tourism to Oregon was published for Travel Oregon by Dean Runyan and Associates. This study shows that<\/p>\n
The Executive Summary is presented below.<\/p>\n
Executive Summary
\nThis report provides detailed statewide, regional and county travel impact
\nestimates for Oregon from 1992 to 2017. The report also provides
\naverage spending and volume estimates for overnight visitors for most
\ncounties. The estimates for 2017 are preliminary. Secondary impacts and
\ntravel industry GDP are provided at the state level.<\/p>\n
Travel Spending, Employment and earnings continue to expand
\nThe Oregon travel industry continued to exhibit strong growth in 2017, as
\nall measures of travel activity were up over 2016.
\n\u00b7 Spending. Total direct travel spending in Oregon was $11.8
\nbillion in 2017. The annual increase from 2016 was 4.7 percent in
\ncurrent dollars. In real, inflation-adjusted, dollars travel spending
\nincreased by 3.2 percent. Visitor spending, excluding
\ntransportation, increased by 3.6 percent in current dollars. This is
\nthe eighth consecutive year of growth in travel spending following
\nthe recession.
\n\u00b7 Travel Activity. An estimated 28.8 million overnight visitors
\ntraveled to Oregon destinations in 2017 (preliminary). This
\nrepresents a 1.0 percent increase over 2016. Since 2010,
\novernight person-trips have increased by 2.2 percent per year.
\nDomestic visitor air arrivals to Oregon (4.0 million) increased by
\n5.5 percent for the year. Room demand, as measured by STR, Inc.,
\nincreased by 1.3 percent for the year.[1]
\n\u00b7 Employment. Total travel generated employment was 112,200 in
\n2017. This represents a 2.2 percent increase over 2016, the
\nseventh consecutive year of employment growth following the
\nsteep decline from 2008 to 2010. Employment has increased by
\n3.2 percent per year since 2010.
\n\u00b7 Secondary Impacts. The re-spending of travel-generated revenues
\nby businesses and employees generates additional impacts. In
\n2017, these secondary impacts were equivalent to 58,300 jobs
\nwith earnings of $2.8 billion. Most of these jobs were in various
\nprofessional and business services.
\n\u00b7 GDP. The Gross Domestic Product of the travel industry was $5.0
\nbillion in 2017. Overall, the travel industry is one of the three largest
\nexport-oriented industries in rural Oregon counties (the other two being
\nagriculture\/food processing and logging\/wood products).
\n1. The STR reports were prepared for the Oregon Tourism Commission<\/p>\n
For the full report see: OREGON TRAVEL IMPACTS, 1992-2017 June 2018<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" In June of 2018 an updated report on the economic impact of travel and tourism to Oregon was published for Travel Oregon by Dean Runyan and Associates. This study shows that The Executive Summary is presented below. Executive Summary This report provides detailed statewide, regional and county travel impact estimates for Oregon from 1992 to… Continue reading