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Ottawa County sees $44 million from tourism in 2012 - KOAM TV 7

Ottawa County sees $44 million from tourism in 2012

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Miami’s Coleman Theatre recently designated as “Oklahoma’s Premier Vaudeville Palace” sits along Historic Route 66 and is a top tourism attraction in Northeast Oklahoma.  Photo provided by Miami CVB. Miami’s Coleman Theatre recently designated as “Oklahoma’s Premier Vaudeville Palace” sits along Historic Route 66 and is a top tourism attraction in Northeast Oklahoma. Photo provided by Miami CVB.

NEWS RELEASE FROM THE MIAMI CONVENTION & VISITORS BUREAU

Tourism Has 7.1 Billion Dollar Impact on Oklahoma

(Miami, OK) - The Oklahoma Tourism and Recreation Department has released the state’s 2012 domestic tourism economic impact numbers.

Oklahoma saw across the board increases in expenditures, payroll income, employment and tax receipts. Visitors spent 6.1 percent more in 2012 compared to 2011, as tourism-related expenditures topped $7.1 billion.

Locally, the report showed $44.16 million dollars in expenditures generated in Ottawa County. This was up from $40.02 million generated in 2010. “Tourism is the 3rd largest industry in our state. It continues to drive sales tax revenues in Northeast Oklahoma. Our tourism team is focused on those numbers and is optimistic about future revenues in our region” stated Amanda Davis, Executive Director with the Miami Convention & Visitors Bureau.

Payroll income in the state’s tourism sectors including lodging, food service, recreation and retail saw a 2.2 percent increase over 2011, while employment in those sectors rose from 76,600 in 2011 to 78,200 in 2012.

Oklahoma’s tax receipts rose four percent from just more than $1 billion in 2011 to $1.1 billion in 2012. Spending by domestic travelers in Oklahoma generated $ 385.3 million in tax revenue for the state treasury through state sales and excise taxes, and taxes on personal and corporate income. On average, each travel dollar produced 5.4 cents in state tax receipts. Oklahoma counties collected $188 million in local taxes in 2012, up seven percent over 2011.

Additional highlights from the study include:

  • Oklahoma’s tourism industry is a vital employer – 78,200 jobs were generated by Oklahoma’s tourism industry in 2012.
    • Without these jobs generated by domestic travel, Oklahoma’s 2012 unemployment rate of 5 percent would have been 4.3 points higher than it was, or 9.5 percent of the labor force.
    • On average, every $91,640 spent in Oklahoma by domestic travelers generated one job in 2012.
  • Oklahoma tourism generates significant tax revenue – Domestic spending in Oklahoma generated more than $1.1 billion in tax revenue for federal, state and local governments in 2012. This is up 4.0 percent from 2011.
  • Tourism benefits all 77 counties in Oklahoma – Travel expenditures occurred throughout all of the 77 counties in Oklahoma, with 19 counties receiving more than $50 million in domestic travel expenditures in 2012.
The economic impact study was conducted by the research department of the U.S. Travel Association. The study presents 2012 domestic travel economic impact on Oklahoma and its 77 counties and provides estimates of domestic traveler spending, employment, payroll income and state and local tax revenue directly generated through tourism in Oklahoma.

The complete study along with county by county numbers can be found at www.TravelOK.com/industry; and then Economic Impact Report.

The Miami Convention & Visitors Bureau is a department of the City of Miami that oversees visitor development in Miami and Ottawa County.

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