1. ACT&T December 10th,2018 Research Update

2. Direct Travel Spending, Domestic/International by Sub-Industry, CY2017
2017 Travel Expenditures
Domestic
International
Total
($ Millions)
Public Transportation
$5,944
$464p
$6,408
Auto Transportation
$2,428
$54p
$2,481
Lodging
$4,237
$1,592p
$5,289
Foodservice
$3,823
$807p
$4,630
Entertainment & Recreation
$1,108
$319p
$1,428
General Retail Trade
$1,191
$903p
$2,095
$18,731
$4,139p
$22,870
Y/Y % Change
4.6%
5.7%
4.8%

3. International Volume to MA by Visitor Origin Countries, CY2017
(Col. A) TABLE 1A - Q2a. Country of Residence
MKT share % 2-yr Avg
Change
Volume 2-yr avg
Delta from 2016
Canada (estimate)
3.30%
650,000
A LL OVERSEAS
4.5%
0.1%
1,730,000
14,000
0.8%
United Kingdom
5.0%
3.2%
225,500
-3,500
-1.5%
People's Rep. of China
9.5%
11.2%
291,000
54,500
23.0%
Germany
6.4%
1.5%
132,000
-3,000
-2.2%
France
5.5%
-3.3%
90,000
-6,000
-6.3%
Japan
1.8%
64,500
-4.4%
India
7.0%
4.1%
86,000
9,000
11.7%
Italy
-11.7%
45,500
-6,500
-12.5%
Korea, South
3.4%
-5.2%
73,000
6,500
9.8%
Australia
4.0%
-8.0%
53,000
-7,500
-12.4%
Ireland
8.1%
-11.1%
37,500
-8.5%
Source: U.S. D of C

4. Domestic Visitor to MA by Origin States, CY2017
2016
Change
United States
25.8 M
24.5 M
5.3%
Massachusetts
7,489,000
7,437,000
0.7%
New York
3,276,000
3,182,000
2.9%
New Jersey
1,013,000
1,110,000
-0.8%
Connecticut
2,465,000
2,232,000
10.4%
Florida
612,000
736,000
16.8%
California
594,000
890,000
-33.3%
Vermont
553,000
579,000
-4.5% RI
1,228,000
1,046,000
17.4%
Pennsylvania
737,000
772,000
Source: TNS

5. MA, $1.5 B in Taxes Generated by the $22.9 B in CY 2017 Spending
Includes Rooms, Meals, Sales, Payroll, gas etc.
Includes Payroll, Gas etc.
$1.5 Billion combined State and Local!
Up 4.3%

6. Mass Economic Impact of Travel and Tourism: Years 2017 vs. 2016
Y/Y change
Traveler Spending (billions) CY
$22.9
$21.8
4.8%
MA share of U.S.
2.2%
Jobs Supported
149,400
146,300
2.1%
State & Local Taxes (millions)
$1,509
$1,446
4.4%
Traveler Volume (millions)
28.3
26.8
5.5%
Lodging- Rooms Sold (millions)
$20.6
$20.1
2.5%
MA share of U.S
1.7%
Lodging- Room Revenue (millions)
$3,780.9
$3,624.2
4.3%
2.4%
State and Local Rooms Tax (millions) FY
$461.6
$445.6
3.6%
State and Local Meals Tax (millions)
$1,259.4
$1,212.7
3.9%
Only 20% related to travelers
Sources: USTA, TNS, U.S. Dept. of Commerce, MA DOR

7. Direct versus Total - Economic Impact...Multiplier 1.6!
Multiplier Impact in MA, 2017
Impact Measure
Direct Impact
Indirect & Induced Impact
Total Impact (X 1.6)
Expenditures (millions)
$22,869.8
$13,721.0
$32,591.8
Employment
149,400
89,700
239,100
Indirect impact--travel industry operators purchasing goods and services in MA
Induced impact--employees of businesses & suppliers spending part of their earnings in MA

8. Lodging Data for MA vs. U.S. CYTD, October 2018
Source:STR

9. Massachusetts Travel related data for CYTD, 2018
MA Lodging Rooms Sold … MA (+5.5%) leads U.S. (+2.5%), October MA Lodging Room Revenue … MA (+6.3%) leads U.S. (+5.2%), October MA Lodging Average Daily Rate … MA (+0.7%) TRAILS! U.S. (+2.6%), October MA DOR State Rooms Tax Collections up 4.5%, Local Option Rooms Tax Collections up 4.5% September Overseas visits to U.S. up 4.6% May and Canadian visits to U.S up 6.4% September Logan International Airport Passenger Volume - Domestic up 7.5% but International up only 2.9%! August Domestic Visitor Volume to MA up 6% through 2018 Q2
Sources: Smith Travel Research, MASSPORT, MA DOR, VISA, TNS, and U.S. Dept. of Commerce