News

Tourism in 2023 generated $601M, boosted jobs and tax revenue for Springfield

Tourism in 2023 generated $601M, boosted jobs and tax revenue for Springfield

Photo: Saga Communications


Springfield, IL  (CAPITOL CITY NOW) – Springfield’s tourism surged in 2023 and delivered a positive economic punch, generating $601.3 million in local impact and driving a rise in visitor spending. Tourism also funneled $18.8 million into local tax revenue and directly supported 5,000 jobs in the tourism and hospitality sector, according to the latest data from the Springfield Convention & Visitors Bureau and global research firm Tourism Economics, which tracked visitor numbers and their economic impact throughout 2023.

“For the third consecutive year, the Springfield area realized record breaking traveler expenditures in 2023.  Travelers spent $601 million dollars at hotels, restaurants, retail, gas stations, sites and attractions last year.   The visitor economy is strong, creates over 5,000 local jobs and generates $18.8 million annually in local taxes,” said Tourism Director Scott Dahl.

Visitor spending in 2023 surpassed 2019 levels for the first time, reaching 4% above its pre-pandemic benchmark. As a result of tourist spending and visits in 2023, the overall economic impact – which includes indirect and induced impacts – amounted to $83 billion, which is a 6.4% increase from 2022 figures.

 

Economic Impact of Domestic Travel by County:

Sangamon County

Travel expenditures – $601.3 million (12% increase)

Local tax revenue – $18.8 million (10% increase)

Fast Facts about Illinois Tourism in 2023

Illinois welcomed 112 million domestic and international visitors in 2023, an increase of 1 million visitors from 2022

Visitor spending resulted in $47 billion in 2023, an increase of $3 billion from 2022

State and local tax revenue from visitor spending generated $4.6 billion in 2023

Visitor spending supported 278,200 tourism-related jobs, an increase of 7,600 jobs from 2022

Illinois reached its highest-ever hotel tax revenue figures in FY24, $322 million – a 4.5% increase over the previous record set in FY23

Source: Springfield Convention and Visitors Bureau

Recent Headlines

2 days ago in Entertainment, National, Trending

The Latest: Artemis II fully fueled for NASA’s historic return to the moon

NASA's launch team has loaded more than 700,000 gallons of fuel into the 32-story Space Launch System rocket, setting the stage for the Artemis II mission crew members to board...

2 days ago in Entertainment, Music

Megan Thee Stallion takes 2 Broadway shows off after illness during ‘Moulin Rouge!’

Megan Thee Stallion was rushed to the hospital after "feeling very ill" while onstage on Broadway in "Moulin Rouge! The Musical." She later took to social media to explain...

2 days ago in Entertainment, Music

Bruce Springsteen brings ‘Streets of Minneapolis’ home as he launches US tour with ‘War’

Bruce Springsteen was in a defiant but upbeat mood as he returned Tuesday night to the "Streets of Minneapolis" to launch his latest...

2 days ago in Entertainment, Music

Suspension lifted for helicopter pilots who hovered near Kid Rock’s home

The Army pilots who hovered two helicopters near Kid Rock's Tennessee home during a training run while he clapped and saluted have had their...

2 days ago in Entertainment, Sports

Men’s NCAA tournament averaging 10.3 million viewers, its most-watched since 1993

The men's NCAA tournament is averaging 10.3 million viewers through the Elite Eight, according to Nielsen. That is the tournament's best audience since...