The Economic Significance of Travel to the North Lake Tahoe Area, 1997-2008p

The visitor industry is the primary source of economic activity for the North Lake Tahoe Area. The local economy depends on visitors and owners of vacation homes who contribute significantly to many businesses that provide overnight accommodations, food and beverage service, and year round outdoor recreation opportunities, including the largest concentration of ski resorts in the U.S. Visitors traveling to North Lake Tahoe generate valuable sales receipts, earnings, employment and tax receipts locally and for the state. The North Lake Tahoe Area includes the communities of Tahoe City, Tahoe Vista and Kings Beach, as well as resorts of Squaw Valley, Alpine Meadows, Sugar Bowl, Homewood, and Northstar.

For this study, we document the economic significance of the travel industry in the North Lake Tahoe Area providing detailed estimates of travel spending, and the associated employment, earnings, and tax receipts from 2003 through 2008. We provide report visitor volume estimates as well as the secondary (indirect and induced) impacts associated with visitor spending. We also compare general demographic and economic conditions among a selection of mountain resort areas those selected function as both a winter and summer destination for visitors, and popular locations for vacation/second homes. We investigated a number of general economic indicators including: population and employment growth, personal income and share of employment in key visitor-related industries.

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