Year in Review 2016 Report - 9
Camping World Stadium
Community Impact
ECONOMY, JOBS AND TAX REVENUE
As a significant force behind a thriving Central Florida community, the
travel and tourism industry supports more than 424,000 local jobs and
produces an annual economic impact of $64 billion.
Not only does tourism enhance the quality of life for residents - giving
us access to world-class entertainment, shops and restaurants - it also
funds crucial public services and programs that, otherwise, would be paid
for by local residents. In 2016, for instance, visitors to Central Florida
generated upward of $3 billion in local taxes. And in Orange County,
out-of-town guests accounted for about half of all sales tax revenue -
money that helps pay for upgrades to the county's infrastructure, parks,
schools and public safety.
Another way Orange County uses tourism to reinvest in the community
is through its Tourist Development Tax, a 6 percent levy on hotel rooms
and other short-term rentals. In 2016, the TDT (also known as the
"bed tax") brought in a record $240 million. This money, which helps
market the destination and the Orange County Convention Center,
also supports venues that both residents and visitors can enjoy. In recent
years, the TDT has funded operations and expansion at the Convention
Center, construction of the Dr. Phillips Center for the Performing Arts
and renovation of Camping World Stadium, among other projects.
Dr. Phillips Center for the Performing Arts
Tourism: The Bottom Line
How visitors contribute to Central Florida's economy:
$64 billion annual economic impact
$240 million in Orange County Tourist
Development Tax collections (funds that
support tourism promotion, the Convention
Center and cultural/sports facilities)
424,000 jobs supported by tourism
in Central Florida
50%: Tourists account for approximately
half of all sales tax revenue in Orange County
Visit Orlando | Year in Review
9
Table of Contents for the Digital Edition of Year in Review 2016 Report
Table of Contents
Year in Review 2016 Report - Cover1
Year in Review 2016 Report - Cover2
Year in Review 2016 Report - 1
Year in Review 2016 Report - Table of Contents
Year in Review 2016 Report - 3
Year in Review 2016 Report - 4
Year in Review 2016 Report - 5
Year in Review 2016 Report - 6
Year in Review 2016 Report - 7
Year in Review 2016 Report - 8
Year in Review 2016 Report - 9
Year in Review 2016 Report - 10
Year in Review 2016 Report - 11
Year in Review 2016 Report - 12
Year in Review 2016 Report - 13
Year in Review 2016 Report - 14
Year in Review 2016 Report - 15
Year in Review 2016 Report - 16
Year in Review 2016 Report - 17
Year in Review 2016 Report - 18
Year in Review 2016 Report - 19
Year in Review 2016 Report - 20
Year in Review 2016 Report - 21
Year in Review 2016 Report - 22
Year in Review 2016 Report - 23
Year in Review 2016 Report - 24
Year in Review 2016 Report - Cover3
Year in Review 2016 Report - Cover4
https://www.nxtbook.com/nxtbooks/orlandocvb/meetings_brochure
https://www.nxtbook.com/nxtbooks/orlandocvb/official_attendee_guide_2020
https://www.nxtbook.com/nxtbooks/orlandocvb/creativemeetings1920
https://www.nxtbook.com/nxtbooks/orlandocvb/attendeeguide2019
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2018
https://www.nxtbook.com/nxtbooks/orlandocvb/attendeeguide2018
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2018-ch
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2018-de
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2018-ussp
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2018-uk
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2018-po
https://www.nxtbook.com/nxtbooks/orlandocvb/YearInReview2016
https://www.nxtbook.com/nxtbooks/orlandocvb/tourandtravel2018
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2017
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2017-de
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2017-ch
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2017-po
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2017-ussp
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2017-uk
https://www.nxtbook.com/nxtbooks/orlandocvb/tourandtravel2017
https://www.nxtbook.com/nxtbooks/orlandocvb/creativemeetings1617
https://www.nxtbook.com/nxtbooks/orlandocvb/attendeeguide2016
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2016-de
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2016-eng
https://www.nxtbook.com/nxtbooks/orlandocvb/destinationorlando2016
https://www.nxtbook.com/nxtbooks/orlandocvb/meetingservices
https://www.nxtbook.com/nxtbooks/orlandocvb/tourandtravel2016
https://www.nxtbook.com/nxtbooks/orlandocvb/attendeeguide2015
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2015-ussp
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2015-ltsp
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2015-po
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2015-fr
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2015-ch
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2015-de
https://www.nxtbook.com/nxtbooks/orlandocvb/ovg2015-uk
https://www.nxtbook.com/nxtbooks/orlandocvb/meetings2015
https://www.nxtbook.com/nxtbooks/orlandocvb/tourandtravel2015
https://www.nxtbook.com/nxtbooks/orlandocvb/meetingsinsert2012
https://www.nxtbook.com/nxtbooks/orlandocvb/attendeeguide2011
https://www.nxtbook.com/nxtbooks/orlandocvb/canadianinsert2010
https://www.nxtbookmedia.com