More than one third of the State’s $49.2 billion tourist spending was generation by the DFW area - $16.6 billion.
Over 150,000 jobs with an annual payroll of $5.2 billion
DFW area hospitality and tourism businesses and spending generated $967 million in local and state taxes.
Source: Dallas Fort Worth Area Tourism Council
IHS Global Insight analysis focused on the 2008 through 2010 travel years and the highlights of those findings are below.
In 2010, visitor spending in Arlington, TX totaled $593 million. This is 8.4% higher than the $547 million spent in the city in 2008. For comparison, total direct tourism output for all of the US declined by 6.4% during that same time.
If tourism spending within Arlington had followed the national trend, the 6.4% decline from 2008 would have resulted in over $81 million being taken out of the local economy.
Tourism spending supports 10,500 jobs within Arlington, making up 8.8% of all private employment. Tourism supported employment has grown by 9.5% since 2008.
Direct tourism employment in the US declined by 9.4% from 2008 to 2010. If tourism employment had followed the national trend, the 9.4% decline from 2008 would have resulted in a decline of over 1,800 jobs in 2010.
The 8.4% growth in tourist spending was driven primarily by a 29% increase in spending in entertainment. The economic impact of these expenditures totaled $444 million in 2010.
The total economic impact increased 7.8% from 2008.