Sept. 4, 2013
The Office of Governor Bob McDonnell announces that visitors to Virginia generated $21.2 billion in revenue from tourism in 2012, a four percent increase over 2011 and a new record high for the Commonwealth.
The governor also announced on Wednesday that tourism in Virginia supported 210,000 jobs over the year, an increase of one percent in employment, and provided more than $1.36 billion in state and local taxes. During the McDonnell administration, tourism revenues have continued to increase each year, with a total revenue increase of 12.3 percent since 2010.
Speaking about today's announcement, Governor McDonnell remarked, "Virginia's tourism industry continues to generate more revenue and create more good jobs. The remarkable growth in this sector of our economy was responsible for $21.2 billion in revenue last year, a new state record.”
Over the past three years, tourism funding, which has a proven 5:1 return on investment, has increased by over $5 million per year. McDonnell also supported the Governor's Motion Picture Opportunity Fund with $3 million per year in general fund dollars, leading to Virginia's successful recruitment of the filming of Stephen Spielberg's Lincoln to the Commonwealth.
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