Tuesday, May 6, 2014
What is the #traveleffect?
If you follow us on Twitter, you may have noticed us tweeting this week using the hashtag #traveleffect - so, what does that mean, anyway? Well, this week (May 3-11) is National Travel & Tourism Week, so destinations and other travel related businesses around the country are celebrating by talking about all of the wonderful things travel can do for you, and your community.
Here in Bloomington, we have this little thing called Indiana University Graduation this week, so we'll actually be celebrating our own local version of Tourism Week a little later this month (May 19-23). Get all the details on our upcoming special events and deals we have planned for this year's Tourism Week, and don't forget to vote for our 2014 Tourism Awards!
In the meantime, we'd like to share some interesting facts and figures about travel and tourism in the United States, and right here in Bloomington!
- Travel is the front door to economic development - and often, the backdoor to a better education
- Kids that take 5 or more school trips have a 90% high school graduation rate - 60% of them go on to earn advanced degrees.
- The US tourism industry is bigger than the auto, insurance and chemical industries in America. Tourism has a $2 trillion economic impact nationally.
- 1 in 9 American jobs are in the tourism industry.
- Travel strengthens relationships, improves health, boosts productivity and creates brain resilience, which helps fight disease.
- 40% of Americans don't use all their vacation days. Use those days for travel - even short trips are good for you and good for the economy!
- 1.84 million visitors come to Bloomington, Indiana each year, and they add $326 million to our local economy!
- Bloomington's tourism industry directly supports 4,163 local jobs and $97 million in local wages in Monroe County.
- The local tourism industry generates $45 million to Monroe County's tax base - helping to keep taxes lower for locals.
- Tourism is economic development - and the tourism industry is one of the top 10 employers in Indiana!
So, if you see lots of visitors in town this weekend for IU's graduation festivities, you might just want to thank them (and invite them to come back)!