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Doing Business in Connecticut 2016

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2016 | Doing Business in Connecticut 75 SPONSORED REPORT $14 billion in sales for businesses across the state. In 2015, travelers' spending per trip was up nearly 12 percent over 2014, and occupancy rates for overnight stays increased 4 percent over 2014, including casino lodging properties. • Statewide jobs. Currently, tourism supports more than 82,700 direct jobs. In fact, approximately one out of every 19 jobs in Connecticut is now supported by tourism. • Tax revenues. In 2013, visitor spending generated $1.6 billion in tax revenues, including $513 million in state taxes and $345 million in local taxes. And in 2015, lodging tax receipts increased 7 percent over 2014 (Connecticut Department of Revenue Services, 2015 over 2014). Partnering to promote Connecticut Fueling these results is the fact that the leisure and hospitality indus- try in Connecticut has become increas- ingly collaborative. "Tourism-related businesses from across our state are finding that they can accomplish so much more togeth- er than they can alone," said Randy Fiveash, director of the Connecticut Office of Tourism. "Our tourism marketing efforts have paired over a thousand specific, well-identified, actual Connecticut destinations — all to give visitors a clearer view of all Connecticut has to offer. Even beyond that, destinations are working together to encourage more multidimensional experiences and more overnight stays." Visitors are definitely getting the message. In 2015, Connecticut experi- enced a 12 percent increase in visits to a variety of major attractions during the summer season and a 16 percent increase in visits during Connecticut's glorious fall leaf season. What does that mean for the state's diverse leisure and hospitality sector — as well as for its overall economic vibrancy? Commissioner Catherine Smith of the Department of Economic and Community Development sums it up this way: "Not only does showcas- ing our quality of life help us draw more visitors to Connecticut, it helps us attract more businesses as well. It's this powerful combination that makes tour- ism such a critical driver of Connecticut's ongoing economic development." Pairs of specific travel ideas are featured in hundreds of highly targeted digital ads that run on websites across the country. Connect with us! www.CTvisit.com www.Facebook.com/ VisitConnecticut www.Twitter.com/CTVisit www.Pinterest.com/VisitCT/ www.YouTube.com/user/ ConnecticutTourism/

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