florida tourism statistics 2021
"Central and South Florida, in particular, are heavily reliant on international travelers," Leubkemann says. This will support a stronger jobs recovery in the second half of the year in the state's leisure and hospitality related industries. Despite ongoing international travel restrictions, preliminary estimates also indicate that 1.1 million overseas visitors came to Florida in Q2 of 2021, an increase of 854 percent from last. Arrivals reached a record high of 131.4 million in 2019, just prior to the pandemic, growing at an annual average rate of 5.9% over the five-year period. "All staff wore masks and visors. According to the Florida Restaurant and Lodging Association, Florida's hospitality industry is projected to experience a reduction in business travel for 2021 valued at $5.3 billion. While new variants continue to pose a threat, the stage is set for 2022 to be an even better year for this segment of Florida's tourism industry. The Sunshine State is seeing tourists again after a catastrophic year battling the coronavirus. While tourism in other states is only just beginning to recover, Florida is at the front of the pack now we are surpassing pre-pandemic levels and setting new visitation records. Because the formula for the chain-type quantity indexes uses weights of more than one period, the corresponding chained-dollar estimates are usually not additive. As recovery ramps up in the industry, attracting and maintaining workers will be key to the industry's future success. Gov. The 2020 figures were the lowest in a decade for a state that relies heavily on tourism to fuel its economy. With its warm climate and multiple world-renowned tourist attractions, Florida has been at the center of the damage. His advice for travelers? Though Bennett says the economic outlook begins with growth, other factors in Northeast Florida make the forecast for the coming year look bright in the financial sector. 1 international origin market, with 79,000 visitors. Ron DeSantis recent suspension of all local-government coronavirus emergency orders. Out of all the states in the country, Florida has the fourth-largest GDP (gross domestic product), at $883.1 billion, behind only California, Texas and New York, according to a 24/7 Wall St. article. Florida officials switched marketing campaigns away from those who would have to fly to the state to neighboring states and in-state residents who could drive. Daytona Beach International Airport. Data for the fourth quarter is expected to improve as the number of COVID-19 cases trend down in Florida and the U.S. border reopens to international travel for fully vaccinated individuals. But, an even bigger milestone is that this figure is 223.4% above the second quarter of 2020. . Click here for additional tourism facts and statistics. Overall in 2021, Florida had nearly 118 million domestic visitors, the highest level in state history, as residents of other states flocked to Florida as a refuge from lockdown policies. Stays tended to be shorter, with more long weekends than full-week stays. We expect Florida to see substantially more tourism related activity this summer, fueled by domestic demand. Anecdotal evidence from employers in the tourism sector suggests that the lack of labor supply is more severe in the sector relative to others. As 2021 progresses, tourism numbers have been promising. The first to return are leisure travelers, especially Canadians looking to escape the Great White North for the winter. Restaurants switched to takeout and delivery and as some reopenings began amid social distancing rules and limited capacities, the industry slowly began to rebound from the depths of April 2020. As international borders were closed, overseas and Canadian travelers fell by a combined 96.5% in the second quarter of 2020 relative to the previous year. Tampa Bay Times, " As hyperinflation talk mounts, Florida reckons with rising prices". While quarterly park attendance was up significantly relative to 2020 (7.2 million vs 1.5 million) it was still down by 900,000 relative to third quarter 2019.6, Universal Orlando also had a record-breaking quarter. 2022 Monthly Visitor Statistics. In March 2020, the first two official cases of COVID-19 were reported in Florida. Global hospitality data and analytics firm STR reported that in Tampa Bay for example, the average rate for a hotel room rose 33.6% in October 2021 relative to October 2019.5, Similarly, entertainment venues in the Sunshine State have managed to carve out record revenues coming out of the pandemic. This assumes no major new curveballs on the Covid-19 front. Annual findings are also compared to the U.S. travel market. The sector was hard hit by the pandemic, which lead to dramatic reductions in visitor arrivals. The industry has seen one of the largest increases in job opening and quit rates since the pandemic. That is a 16.3% improvement from the first three months of 2021. Disney, which has increased the number of visitors allowed into its parks, and Universal now allow visitors to remove masks when in outdoor common areas, such as Main Street U.S.A. of the Magic Kingdom, and pool decks. Collier County saw 743,500 visitors from January to April. As government responses became less restrictive, the industry began to emerge from the worst of its effects. Overall in the first quarter, passenger traffic at that airport was off 39% from year-earlier levels. It is for informational and educational purposes only as of the date of writing, and may not be appropriate for other purposes. 2021 Overnight Visitor Economic Impact Report. "Real Value Added to The Gross Domestic Product (Gdp) of Florida in 2021, by Industry (in Billion Chained 2012 U.S. Find travel and tourism information from each state. Stay up to date on our research @TD_Economics, Shernette Mcleod, Economist | 416-415-0413, https://www.sun-sentinel.com/business/fl-bz-international-tourists-covid-florida-20211108-3o7xscppaba4jln3c5dgsbah34-story.html, https://www.clickorlando.com/news/local/2021/11/08/orlando-international-airport-travelers-happy-to-see-us-allowing-more-international-travel/, https://www.tampabay.com/news/business/2021/11/03/as-hyperinflation-talk-mounts-florida-reckons-with-rising-prices/, https://s1.q4cdn.com/392447382/files/doc_news/SeaWorld-Entertainment-Inc.-Reports-Third-Quarter-and-First-Nine-Months-2021-Results-2021.pdf, https://www.mynews13.com/fl/orlando/news/2021/10/28/universal-theme-parks-profitable-comcast-earnings?web=1&wdLOR=cF848A573-DE0D-4B70-AD12-4E81986F96D7NAHB, https://thewaltdisneycompany.com/app/uploads/2021/11/q4-fy21-earnings.pdf. 2023 Travel Trends. Sun Sentinel, " Welcome back! The absence of international travel to Florida was disastrous for local businesses. Volusia County Economic Development provides information about additional local business support and resources here: Find Help For Your Business. The COVID-19 pandemic has been devastating to the international tourism market. For those planning trips to the Sunshine State, Dr. Antonio Crespo, medical director of infectious disease at Orlando Health Medical Group, says there should be little worry about the coronavirus. "We're completely in the dark about how that goes. Despite double-digit wage increases in recent months the highest among all Florida industries (Chart 13), the leisure and hospitality industry continues to face worker shortages. Real value added to the Gross Domestic Product (GDP) of Florida in 2021, by industry (in billion chained 2012 U.S. dollars) [Graph]. Meanwhile, Canadian travel for the first quarter was down 97.2%, with Florida attracting 34,000 Canadians during the period, and international tourism was down 74.4%. ", BEA, Real value added to the Gross Domestic Product (GDP) of Florida in 2021, by industry (in billion chained 2012 U.S. dollars) Statista, https://www.statista.com/statistics/304903/florida-real-gdp-by-industry/ (last visited March 01, 2023), Real value added to the Gross Domestic Product (GDP) of Florida in 2021, by industry (in billion chained 2012 U.S. dollars) [Graph], BEA, September 30, 2022. The number of tourists fell to 9.92 million in the second quarter of 2020, a 69.4 percent drop from the prior year, before increasing to 20.33 million in the third quarter and 19.1 million for the fourth quarter. Adding in the numbers of people who have been vaccinated with those who may have gotten COVID-19 or have been exposed, "you get close to a level of herd immunity but I don't think we are there yet," Crespo says. With lockdown measures put into effect in April, many non-essential businesses were forced to close. (September 30, 2022). Florida real GDP 2021, by industry Published by Statista Research Department , Oct 5, 2022 In Florida, the mining, quarrying, and oil and gas extraction industry added 1.4 billion chained. The other big shortcoming is the cruise industry, which is still treading water amid restrictions established by the CDC and the Department of Health and Human Services. Sales taxes were the largest contributor to the state's general revenue at 76% in FY 2018/2019. Average daily rate rose $15.32 to $111.99. Since launching its tourism recovery plan with Governor DeSantis in August 2020, VISIT FLORIDA has showcased Floridas wealth of year-round vacation options that can be freely enjoyed by all types of travelers, helping to generate revenue for our communities, and equipping Florida with the competitive edge as a destination. 2021-22 Annual Report (PDF) . "The best thing you can do is get vaccinated. The report does not provide material information about the business and affairs of TD Bank Group and the members of TD Economics are not spokespersons for TD Bank Group with respect to its business and affairs. The agency in March estimated Florida had 86.714 million visitors in 2020. Approximately 1.5 million overseas visitors came to Florida in Q4 of 2021, an increase of 198 percent from 2020, and 43 percent from Q3 2021. The state drew an estimated 34,000 overseas travelers the first three months of the year, with many nations still imposing border-screening and other travel restrictions due to COVID-19. As at writing, a new variant of the coronavirus, dubbed Omicron, has emerged. Theme parks and attractions in the state are already reporting record-breaking revenue as 2021 comes to a close. May 2022: 2020 Louisiana Tourism E conomic Impact Report: Tourism Economics. 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