Tourism keeps Florida afloat during the 2008 recession
Could tourism be responsible for keeping Florida above the fray in 2008? Many think that the 8.8% increase in bed-tax that is collected by Orange County could the sign that Florida’s economy is still afloat.
One of the more hopeful signs of a stimulated economy was the building of the new water park Aquatic by its parent company Busch Entertainment. This has re-inspired a new wave of tourism in central Florida.
Building permits which also generate revenues are by in large due to theme parks and resort hotels said Robert Olin manager of growth management in Orange County. According to records, Orange county granted $1.78 billion in development costs. These numbers may suggest that tourism is still king in a declining economy.
When Busch decided to build the new Aquatica water park, this was based on careful investigation of what might stimulate tourism in this area. Imagine, the confidence that Disney must have when it increased its rates on strollers from $18 to a whopping $31, and motorized scooters from $35 to $45 a day. Outrageous! But people have to push their kids around at Disney.
As many mortgage brokers head for the exit door, tightening credit is soaring, fewer than 50,000 are now licensed brokers, and all those who were making a fast buck head out of Florida, tourism is still king of the hill.
One of the more hopeful signs of a stimulated economy was the building of the new water park Aquatic by its parent company Busch Entertainment. This has re-inspired a new wave of tourism in central Florida.
Building permits which also generate revenues are by in large due to theme parks and resort hotels said Robert Olin manager of growth management in Orange County. According to records, Orange county granted $1.78 billion in development costs. These numbers may suggest that tourism is still king in a declining economy.
When Busch decided to build the new Aquatica water park, this was based on careful investigation of what might stimulate tourism in this area. Imagine, the confidence that Disney must have when it increased its rates on strollers from $18 to a whopping $31, and motorized scooters from $35 to $45 a day. Outrageous! But people have to push their kids around at Disney.
As many mortgage brokers head for the exit door, tightening credit is soaring, fewer than 50,000 are now licensed brokers, and all those who were making a fast buck head out of Florida, tourism is still king of the hill.
posted by michael at
4:21 PM
