Orlando’s economy vastly hinges on tourism. One would imagine with the recent recession that numbers are down, but here are some of the facts. Tourism accounts for nearly 380,000 jobs in the tri-county area (31% of total employment in the Orlando three-county area). 2009 had $27.6 billion in visitor spending.
2009 brought more than 46.5 million visitors to Orlando, roughly a 6% drop from 2008. That accounts for domestic and international visitors for both leisure and business. 2010 on the other hand brought 51.45 million visitors, a 10.5% increase from the previous year, as you can see on the table below.
You can see significant increases all around except for in business and in visitors from UK.
Overnight visitors account for nearly two-thirds (64%) of all domestic visitors. Leisure travelers represent 83% of domestic overnight visitors. Transient business, convention and group meetings have been slightly going down whilst leisure overnighters has been steadily growing.
The United Kingdom’s share of international visitors has declined from 35% in 2000 to 25% in 2009. While visitors from UK are less stable, the amount of visitors from Canada, South America and other countries overseas have increased substantially.
These are just a few statistics from Visit Orlando: State of the Market. There you can see more details regarding Orlando visitation, economic indicators, market performance indicators and forecasts.
There is a lot wrong with the economy, but one thing we’re sure of is that people are still vacationing in Orlando.