Will You Vacation Or Stay-cation in 2018?
In 2017, tourism brought in $3.5 Billion to Wyoming, accounting for 32,120 jobs and $188 Million in tax revenues.
But in 2018, half of Americans are skipping an out-of-town vacation, with one-in-four saying they can’t afford it. They may take shorter trips in both time and distance from home. Most who will vacation will spend $1,000 per trip, but with gasoline is much higher, people are opting for stay-cations.
11 percent claim to be too busy with work to vacation even though those who do vacation are more productive and happier with their jobs. That’s like leaving money on the table.
All told, Wyoming will likely feel a financial pinch from the summer of ’18.