Impact on Community Growth

 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:
  • $2.45 billion in direct travel-related expenditures
  • $6.7 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.