(The Center Square) — A report released this week by VISIT FLORIDA, the state’s tourism agency, says out-of-state visitors spent a record $131 billion in the state last year, up 5% from 2022.
That’s a nearly 52.2% increase from 2016, when visitor spending added up to $86.1 billion, according to the report by West Chester, Penn.-based Rockport Analytics, LLC.
Tourism revenues hit an eight-year low in 2020 due to the COVID-19 pandemic at $63.7 billion.
Visitor spending was primarily on lodging (28%), up 8% from last year. Food and beverage accounted for 26%, while transportation accounted for 19%, shopping and…
