Allianz Global Assistance released their Allianz Travel Insurance Vacation Confidence Index on July 5, revealing that Americans are estimated to spend more than $100 billion of spending on summer vacations this summer. Allianz defined a vacation as a "leisure trip of at least a week to a place that is 100 miles or more from home." The Vacation Confidence Index measures Americans' confidence in their ability to take a summer vacation, showing that the projected summer spending for this year is $101.1 billion, compared to 2016's $89.9 billion, a 12.5 percent increase from 2016.
Almost 14 million visitors spent an estimated $1.4 billion last year in Arlington, Texas, according to a study conducted by Longwoods International. This study was prepared for the Arlington Convention & Visitor’s Bureau with a mission to provide an overview of Arlington’s tourism business in 2015. It included information about overnight and day visitors, how much visitors were spending and other relevant trends.
Tourist spending in Rockford and Winnebago counties has continues to rise year after year—in 2015 it reached $349.91 million, a 3 percent increase from the previous year, according to the Illinois Department of Commerce’s Office of Tourism.
"We are delighted to see such strong results again this year for the tourism economy in Winnebago County," says Roberta Holzwarth, board chair, Rockford Area Convention & Visitors Bureau. "Sustained economic growth is crucial as we transform our region.”
Not just this year, but many years running, Atlantic City has been host to a plethora of events—from the New Jersey Education Association Convention to the Challenge Atlantic City Triathlon. With such a wide variety of events, it’s not a shocker to think they have significantly boosted the economy.