As one of the largest industries in the city, tourism plays a pivotal role in encouraging growth and funding initiatives that enhance Virginia Beach's quality of life.
ECONOMIC IMPACT OF TOURISM:
On the United States:
- $1.04 trillion in direct travel-related expenditures which generated a total of $2.4 trillion in economic output
- $164.7 billion in federal, state and local tax revenue
- 15.6 million jobs supported by travel expenditures (8.8 million directly and 6.8 million in other industries)
On the COMMONWEALTH OF VIRGINIA:
- $24.8 billion in direct travel-related expenditures
- $1.7 billion in federal, state and local tax revenue
- 232.200 jobs and $5.9 billion in salaries
On the Coastal Virginia Region:
- $5.2 billion in direct travel-related expenditures
- $419.9 million in state and local tax revenue
- 48,020 jobs and $1.1 billion in salaries
On the City of Virginia Beach:
- $ billion in direct travel-related expenditures
- $ million on average spent per day
- 13,650 jobs and $278 million in salaries
- 19 million total number of visitors (10.1 million total overnight visitors and 8.9 million total day visitors)
Source: US Travel Association / Virginia Beach Convention and Visitors Bureau / Longwoods International
The VBTTF fully supports educational efforts and research reports on Virginia Beach and the Coastal Virginia Region's travel and tourism sectors.
