Oklahoma travel industry thriving

A recent report by Skift, the largest industry intelligence platform for key sectors of travel, states that the travel industry employs one in 11 people in the world economy, supporting more than 284 million jobs and contributing more than $7.2 trillion to global GDP.

The Oklahoma Tourism and Recreation Department recently completed research on the impact of tourism on Oklahoma’s economy and employment.

In Oklahoma, travel and tourism directly generated more than 95,000 jobs and $2 billion in payroll in 2014. That number represents a 10.4 percent increase in total jobs from 2014.

The research showed:

  • Tourism spending generated $972 million in local, state and federal tax revenue in 2014. State tax revenues attributable to tourism spending at $366 million have increased 15 percent since 2010.
  • The Gross Domestic Product of the Oklahoma travel industry was $3.2 billion in 2014. The travel industry is the third highest export-orientated industry in the state, following oil and gas, and agriculture/food processing.