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16.4 Billion Dollars

According to Tourism Economics, tourism is the 10th largest private sector employer in the State, directly employing more than 140,288 Marylanders in 2014. In 2014 tourism generated over 2.2 billion in state and local taxes. Without taxes generated by visitor spending, Maryland households would have to pay $1,010 more a year in taxes. Overall travel expenditures in MD are $16.4 billion annually. Each year, the Maryland Tourism Development Board (Board) and the Department of Commerce (Department) report on the contributions the travel and tourism industry make to Marylandís economy.

This yearís annual report highlights the economic impact of Marylandís tourism industry from the recently released Economic Impact of Tourism in Maryland Ė Calendar Year 2014 Tourism Satellite Account report from Tourism Economics, a leading tourism industry research. Economic Impact is generally reported by calendar year; all other metrics in the Annual Report are Fiscal Year 2015 (July 2014-June 2015).

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