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California's Ocean Economy - California Resources Agency - State ...

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NOEP<br />

following business and health services. 54 Beach and waterfront activities are the second most<br />

popular recreational pursuits of travelers to <strong>California</strong>. Coastal tourism plays an important<br />

role in attracting recreators to <strong>California</strong> and generating significant economic. The <strong>California</strong><br />

Travel and Tourism industry reflected the following highlights for the entire state for 2001. 55<br />

• The destination for an estimated 287 million domestic travelers and approximately 9<br />

million international travelers.<br />

• The most visited state with an 11.1% share of the domestic travel market.<br />

• Expenditures amounted to $75.4 billion, or 6% of <strong>California</strong>’s GSP. 56<br />

• Los Angeles County received the most domestic tourists in <strong>California</strong>. More than 45<br />

million person-trips took place in and through Los Angeles County.<br />

• Generated over $4.8 billion in tax revenues in 2001.<br />

8.3.1 Travel Spending Estimates<br />

The Travel and Tourism industry is a major part of <strong>California</strong>’s economy and is a primary<br />

industry in many local communities. Travel spending by domestic and international travelers<br />

generates sales and employment for many different types of businesses in the state. Table 8-<br />

12 provides the estimates of the economic impact of the <strong>California</strong> travel industry from 1991<br />

to 2001.<br />

Table 8-12: Economic Impact of the Travel Industry of <strong>California</strong><br />

Year Destination<br />

Spending<br />

($Billion)<br />

Total Travel<br />

Spending<br />

($Billion)<br />

Employment<br />

(1,000 jobs)<br />

Wages<br />

($Billion)<br />

Tax Receipts<br />

($Billion)<br />

1991 37.9 44.6 852 15.2 2.6<br />

1992 40.1 47.1 878 16.0 2.9<br />

1993 40.9 48.4 882 16.2 3.0<br />

1994 42.2 50.0 914 16.8 3.1<br />

1995 44.2 52.7 935 17.5 3.2<br />

1996 48.6 57.6 990 19.0 3.6<br />

1997 53.7 62.6 1,054 20.8 3.9<br />

1998 56.5 64.9 1,045 21.9 4.1<br />

1999 61.1 69.8 1,087 23.4 4.5<br />

2000 66.0 75.4 1,100 24.9 4.8<br />

2001p* 66.1 75.4 1,051 25.0 4.8<br />

**Annual Change<br />

2000-2001p 0.2% 0.0% -4.4% 0.2% -0.6%<br />

1991-2001p 5.7% 5.4% 2.1% 5.1% 6.2%<br />

Source: <strong>California</strong> Fast Facts 2002.<br />

* 2001 numbers are provisional.<br />

** Annual Change for 1991-2001p is the average annual percentage change.<br />

54 <strong>California</strong> fast Facts 2002.<br />

55 <strong>California</strong> Fast Facts 2002.<br />

56 Expenditure includes accommodations, meals, ground and air transportation, travel arrangements by travel agents, spending in<br />

retail stores while on the trip, and the recreational spending such as equipment rental or admissions to amusement parks. The<br />

Office of Tourism defines travel as either spending at least one night away from home or traveling at least 50 miles from home.<br />

116

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