Tuesday, November 11, 2008

A New Record Set for Tourism

I have previously written about the great success we are seeing in our tourism/visitor economy throughout this year, in spite of the bad economic news in so many other areas:

1. http://cincypeptalk.blogspot.com/2008/08/marketing-and-tourism-wise-investment.html
2. http://cincypeptalk.blogspot.com/2008/09/tourism-investments-pay-off-part-ii.html

Well, the positive trend continued in the third quarter of this year, where tax receipts from the County's hotel-bed tax set a new one-quarter record--at $3.448 million. This was an 8% increase over the third quarter of 2007, as well as an 8% increase over the second quarter of 2008. It's a 40% increase over the same time period just five years ago.

Nine months through the year, we are 6% ahead of where we were last year, and last year was by far our best year ever.

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