On Tuesday, Florida’s tourism board released its tourism forecast for the upcoming fiscal year.
Florida’s economy is expected to grow by 1.4% in the fiscal year starting July 1, the state’s tourism office announced.
However, Florida will only get a 2% increase in tourism spending in the coming fiscal year, compared to the same period last year.
The tourism board noted that Florida’s tourist economy has experienced a lot of growth in recent years, including record numbers of visitors.
However its not as big of a deal as people think, said Mike Waggoner, a member of the Florida Tourism Board.
“Florida has a strong tourism industry, it has a lot to offer and it is a great place to go,” Waggner said.
“But Florida is a state that is growing, and I think we have a lot more to do in the future to support our economy.”
The Florida tourism board also announced that it plans to invest $200 million in a new airport and $150 million in new facilities to support tourism.
Florida will also be able to spend up to $100 million in incentives and $100,000 in state aid to help local businesses.
The Florida Department of Tourism said that it will be working with local tourism groups and stakeholders to create a regional tourism plan that includes an analysis of potential impacts of tourism on the tourism industry.