Dollars and Sense: The Economic Impact of Travel and Tourism in Cleveland
Travel and tourism is helping to grow the region's economy and stimulate community vitality by showcasing Cleveland to consumers through leisure and business travel. In the short term, visitors are spending dollars as they come to the city, stay in hotels, eat in restaurants, shop local retail and utilize local services. In the long term, research shows that those who move to a new city likely had a favorable experience visiting that city in the past.
According to The Economic Impact of Tourism in Cuyahoga County, Ohio (June 2016) study completed by the research firm Tourism Economics, tourism sustains 8.1% of salaried employment in Cuyahoga County, including 65,900 jobs in 2015. Visitor spending generated a total economic impact of $8.1 billion in 2015 as tourism dollars flowed through the Cleveland economy.
What's all that mean? It means more visitors = a better Cleveland economy. Today, Cleveland's tourism economy is expected to outpace that of the U.S.
And we're just getting started. Since 2009, visits to Cleveland have grown by an average of close to 700,000 per year, reaching a high of 17.6 million in 2015.
See the impact for yourself in the Convention + Leisure Tourism Metrics Reports, linked below.