MOTT Research Update ACT&T Quarterly Meeting March 21, 2019

Direct Travel Spending: Domestic/International by Sub-Industry, CY2017 2017 Travel Expenditures Domestic International Total   $ billions Revised 2017  Initial 2016 Public Transportation $5.944 $.464 $.313 $6.408 Auto Transportation $2.428 $.054 $.038 $2.481 Lodging $4.237 $1.592 $1.097 $5.289 Foodservice $3.823 $.807 $.546 $4.630 Entertainment & Recreation $1.108 $.319 $.218 $1.428 General Retail Trade $1.191 $.903 $.622 $2.095 $18.731 $4.139 $2.834 $22.870

MA International Spending: Comparison of original vs. revised spending Next steps---RTC level and City/town level

Lodging Data: MA vs. U.S. CY 2018 vs. 2017 Casino and gas line problems Source: STR

MA DOR Travel related data: CY 2018 and % change vs. 2017 Net Collections   Amount  % change YOY Room Tax Collections State $278,244,596 6.9% Rooms Tax Collections local $224,779,099 7.1% BCC tax collections (FYTD) $93,222,172 5.0% BCC Worcester $1,553,322 6.0% Meals State Tax $1,217,828,836 4.9% Meals Local Option $138,104,034 Gas Tax $671,411,791 0.1%

Other travel related data: CY 2018 and % change vs. 2017 Domestic Volume to MA (TNS) YTD Sept 2018 % change YOY 20,575,000 4.0% Logan International Airport CY 2018 % change YOY Domestic Passengers 33,245,880 4.0%  International Passengers 7,583,887 5.3%

International volume to U.S. Other travel related data: International Volume CY 2018 and % change vs. 2017 International volume to U.S.    Country of Residence Volume YTD May 2018 % Change International TOTAL 31,379,979 6.9% United Kingdom 1,695,853 3.3% China, PROC 1,225,335 -1.4% Japan 1,378,778 -3.7% Germany 773,092 0.3% India 588,516 10.1% South Korea 911,970 1.2% Brazil 918,957 30.0% France 686,058 8.3% Australia 497,193 0.8% Italy 369,531 4.9% Ireland 198,156 17.8% Sweden 209,802 -0.9%

Gaming Tax Revenue and County Lodging Revenue: CY 2018 CY 2018 Gaming Tax Revenue % change YOY CY 2018 Lodging Revenue % change YOY Plainridge Park/ Bristol County $84,100,000 4.1% $77,200,000 3.4%   CY 2014 $61,600,000 25.3%(4 yrs) MGM Springfield/ Hampden County $26,400,000 August 23 – year end $96,300,000 17.9%

What’s all this pointing to? Historically the increases in travel related data we see in 2018 has generated a 3-5% increase in spending to $23.6 B - $24.0 B