Published on : Thursday, August 31, 2017
Last year, the direct domestic and international travel expenditures for Tennessee tourism reached a massive high of $19.3 billion which is up by 4.7 percent over 2015, according to the U.S. Travel Association.
The Hamblen County also went through a rise in tourism, earning higher revenue. Hamblen County’s direct tourism expenditure reached $93.20 million which is a 2.6 percent increase over 2015. An amount of $5.90 million was left by the travelers as state sales tax revenue and $2.10 million on the local scale. In this way, Hamblen County occupies 5th place in terms of direct tourism revenue within the 16 county East Tennessee Development District where Knox and Sevier counties can be found.
To quote Morristown Chamber Tourism Director, Anne Ross, “the $2.10 million of local sales tax revenue generated by visitors to Hamblen County is just one of the many reasons that tourism is an important economic driver for a community; these tax revenues help pave our roads, fund our schools, and provide many of the city and county services on which we depend. Without this tourism generated revenue, each Hamblen County household would pay in excess of $300 more in state and local taxes.”
Tags: Tennessee tourism