Led by Inflation, Travel Spending Increases in California to Record Highs

Published on May 7, 2024

California saw record levels of travel-related spending in 2023, according to a newly-released report published by Visit California—a nonprofit organization promoting tourism in the Golden State—though when inflation is factored in, the totals lag pre-pandemic highs. Spending totaled $150.4 billion last year and is forecast to hit $159.8 billion for 2024, according to the report. Food service and accommodation industries led in dollar terms in 2023, with nearly $35 billion and $33 billion spent respectively. California Gov. Gavin Newsom celebrated the news by announcing the findings from the top of the Golden Gate Bridge May 5. California Gov. Gavin Newsom announces the state’s record levels of travel-related spending in 2023, on top of the Golden Gate Bridge in San Francisco on May 5, 2024. (YouTube/Screenshot via The Epoch Times) “What a perfect place to announce our record-breaking tourism numbers,” Mr. Newsom said. “People coming back not only to visit but coming back to live as well.”...

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