Community News: Rogue Valley Travel Impacts 2022

The July 16, 2023, issue of the Southern Oregon Business Journal reported:

Preliminary data for 2022 from a Dean Runyan Associates study for the Oregon Tourism Commission shows that total direct travel spending in Oregon rose 23.2% in 2022 compared with the 2021 figure…

…While some don’t consider travel and tourism as an “export-oriented” industry, the Dean Runyan Associates report does a nice job of detailing why this sector does fit the criteria of an export-oriented industry, due to the influx of resources that flow into an economy from outside of the region. The travel impact report states the gross domestic product of the travel industry was $6.5 billion in 2022. Overall, the travel industry is one of the three largest export-oriented industries in rural Oregon counties, with the other two being agriculture/food processing and logging/wood products.

For more information and the statistics that led to this conclusion, read the entire article here