2007 Tourism up from 2006

by September 6, 2007 • 0 comments

Labor Day marked the end of the 2007 tourism season. Numbers were up this year from last year with total gross revenues from October 2006 to August 2007 exceeding $176 million. 2006 revenue was around $158 million. This resulted in an estimated $550,000 increase in bed tax collections. Estimates claim that revenue from tourist related goods and services will be around $400 million.

As the real estate market is slow, the rental market seems to be gaining strength. People are not buying, but they seem to be renting, and with the economy being in pretty good shape, people have the money to vacation.

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