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Coronavirus is having a massive impact on tourism across the U.S., especially in Florida

A recent report from WalletHub looked at the impact corona­virus is having on each state’s tourism industry and Florida’s is one of the hardest hit. The Sunshine State has the sixth hardest hit tourism industry across the U.S. Only Hawaii, Montana, Nevada, Vermont and Massachusetts’ tourism industries have been hit harder.

Those rankings are based on two factors: State’s dependency on tourism: Total share of businesses in tourism-related industries, tourism consumer spending per capita and the number of workers in a tourism-related industry

State aggressiveness: Mandatory quaran­tines and stay-at-home orders

Florida ranked No. 4 for state dependency behind only Hawaii, Nevada and Montana. From Walt Disney World, SeaWorld and other attractions in Orlando to the beaches in St. Petersburg and Clearwater and cruise lines sailing out of Tampa and Miami, tour­ism is a major industry for the state.

Other rankings for Florida include:

Third in share of travel and tourism industry generated GDP

Seventh in share of employment in travel-and tourism-related industries

Fourth in default probability on loans for businesses in travel and tourism industry

First in travel and tourism consumer spend­ing per capita

20th in share of consumer expenditures on travel


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