Economic Impact of Tourism

Local

Coastal Carolina University estimates tourism accounts for a $7 billion economic impact and another $2.2 billion in labor impact and 83,000 jobs throughout our local community. Key statistics from our local market are:

For more information regarding the economic impact of tourism on the Grand Strand, click here.

State

recent study prepared for the South Carolina Parks Recreation and Tourism (SCPRT) agency by the United States Travel Association revealed that domestic travel accounted for a direct economic impact of more than $19.1 billion annually and created 123,800 jobs. Key findings from that study include:

National

National tourism is one of the world’s largest industries, employing millions worldwide. The United States Travel Association estimates domestic and international leisure and business travelers spent $947 billion in the U.S. in 2015 and created more than 15.1 million jobs.

For more information on the USTA and its economic impact study, click here.