Tourism Brings Record Impact to Indy

Posted: Updated:
INDIANAPOLIS -

Visit Indy says tourism to the city has boosted the region's economy to a record level for the fourth consecutive year. Research conducted by Pennsylvania-based Rockport Analytics says more than 28 million visitors contributed to the record numbers in 2015, the most recent full year available.

The report says visitors spent $4.9 billion in 2015, generating $682 million in state and local taxes and supporting nearly 78,000 full-time-equivalent jobs in central Indiana. By comparison, more than 27 million visitors spent $4.6 billion in 2014.

"Tourism is a vital, and growing, economic engine for Indy and our surrounding region," said Leonard Hoops, chief executive officer of Visit Indy. "Visitors generate $2.4 billion in wages for Central Indiana residents and relieve the tax burden for area households by about $950 per household. Nearly 50 cents of every visitor dollar goes toward wages for hospitality and supply chain employees."

Visit Indy says the region has hit record annual visitor spending each year since 2012, when Indianapolis hosted the Super Bowl. The organization adds full-year data for 2016 will be available next January.

Additionally, Visit Indy says it booked more than 883,000 future group room-nights in 2016 for events that will occur as far out as 2024. That includes conventions, trade shows, meetings and other events that will be worth nearly $1 billion in future visitor spending.

"We are always striving to make Indy a must-visit destination, not just for conventions or major sporting events but for general leisure tourism as well," said Hoops. "So we continually evolve and revise our Tourism Master Plan originally introduced in 2015 as a road map for Indy tourism growth."

  • Perspectives

    • Regional Investment Proposal Could be a Game Changer for Quality of Place Initiatives in Indiana

      While quality of place may be defined differently by people, a growing number of Hoosiers recognize the importance of this issue. In particular, the impact of quality of place on talent attraction and retention in a geographic area cannot be ignored. The future of every community is dependent on quality of place. Like many Midwestern states, Indiana is not growing at the same pace as areas in the southern and western regions of the United States.

    More

Events



  • Most Popular Stories

    • The Vogue opened as a movie house in 1938, then reopened as a nightclub in 1977. (Picture Courtesy: The Vogue)

      Tech Vets Purchase Popular Indy Nightclub

      A group of Indianapolis tech entrepreneurs has bought a popular nightclub in the city's Broad Ripple neighborhood. High Alpha co-founder Eric Tobias and former MOBI executives Scott Kraege and Andrew Davis say they will retain the Vogue's current staff to manage the venue's day-to-day operations. The new owners say they will detail plans to reinvigorate the Vogue through enhanced fan experience and engagement in the coming months. Tobias, Kraege and Davis purchased the Vogue...

    • (Image courtesy of the Indianapolis Colts.)

      Colts Announce 2019 Regular Season Schedule

      The 2019 NFL schedule is out and the Indianapolis Colts will play in several high-profile games. All three of the Colts’ 2019 primetime games will be on the road against defending division champions. 

    • Bryan Brenner is the CEO of FirstPerson and a founding partner of Performance Lab.

      FirstPerson Execs Launch Performance Lab

      A new firm founded by executives from Indianapolis-based FirstPerson says it wants to help companies strengthen performance. Performance Lab uses a field test known as the Performance Climate Survey, which provides insights into a company’s performance culture. Founding Partner Bryan Brenner, who is also the CEO of FirstPerson, says the firm has already landed a number of early customers, including Goodwill Industries, the Indy Chamber and the Central Indiana Community Foundation.

    • Skilled Nursing Facility Proposed for Merrillville

      A new $7 million skilled nursing facility is being proposed in Merrillville. Our partners at The Times of Northwest Indiana report the development would include five residential buildings outfitted with 12 beds, a dining area, beauty salon and spa. 

    • 2019 'Stellar' Finalists Announced

      Lieutenant Governor Suzanne Crouch has unveiled the finalists for the 2019 Stellar Communities Program. The four regions selected will receive a planning grant and work with the Indiana Communities Institute at Ball State University on project alignment and continued planning efforts. Stellar Communities, launched in 2011, is led by the Indiana Office of Community and Rural Affairs and aims to boost community and economic development and promote local and regional partnerships.