The Value of Tourism on FL’s Space Coast

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Tourism’s impact on the Space Coast is dynamic.  The amount tourists spent here in fiscal year 2016-17 topped more than $2 billion, or about 9 percent of Brevard County’s gross domestic product.  More than $13.6 million was collected through the local Tourist Development Tax, which in recent years has been utilized for a number of various projects, including improvements to the valuable beaches that line the Space Coast.  Local tax revenues from tourism have been earmarked for everything from improvements to area roads and public school infrastructure to the Save Our Indian River Lagoon project plan. Meanwhile, the tourism industry continues to generate local employment, accounting last year for more than 26,000 leisure and hospitality jobs.

Click here for a snapshot of the value of tourism on Florida’s Space Coast, and how the marketing of this area to visitors is paying off for our local communities.  

 

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