Study: Vermont 4th most affected tourism industry due to COVID-19

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Study: Vermont 4th most affected tourism industry due to COVID-19

Tue, 04/14/2020 - 11:27am -- tim

Vermont Business Magazine With declining travel threatening to wipe out 5.9 million jobs by the end of April and the tourism industry greatly impacted by social distancing, WalletHub today released its report on the States Hit Hardest by COVID-19’s Impact on Tourism. Vermont ranked fourth overall. Among the data points, Vermont has the fifth highest percent of workers associated with the tourism industry in the nation. The top three most impacted states are Hawaii, Montana and Nevada.

To identify the states where tourism is most affected by COVID-19, WalletHub compared the 50 states and the District of Columbia across 10 key metrics. Their data set ranges from share of businesses in travel and tourism-related industries to travel spending per travel employee and presence of stay-at-home orders.

The ranking largely follows the economic impact from tourism on each state before the novel coronavirus hit.

Vermont's "Stay Home" order is scheduled to be lifted May 15, but Governor Phil Scott is now allowing hospitality properties to start booking reservations for anytime after June 15.

COVID-19 Impact on Tourism in Vermont (1=Most Affected, 25=Avg.):

  • 9th– Share of Travel & Tourism Industry Generated GDP
  • 6th– Share of Businesses in Travel & Tourism-Related Industries
  • 5th– Share of Employment in Travel & Tourism-Related Industries
  • 7th – Travel & Tourism Consumer Spending per Capita
  • 20th – Travel Spending Per Travel Employee
  • 11th– Share of Consumer Expenditures on Travel

Source: WalletHub

States Where COVID-19 Has Had the Biggest Impact on Tourism

Overall Rank

State

Total Score

‘State Dependency on Travel & Tourism Industry’ Rank

‘State Aggressiveness Against Coronavirus’ Rank

1 Hawaii 81.38 1 2
2 Montana 67.75 3 10
3 Nevada 66.92 2 41
4 Vermont 64.60 5 5
5 Massachusetts 61.38 11 4
6 Florida 60.77 4 29
7 New Hampshire 59.64 6 18
8 District of Columbia 59.50 7 15
9 New York 59.33 8 14
10 California 56.88 10 23
11 Maine 56.70 15 8
12 Rhode Island 56.56 16 3
13 Connecticut 55.25 12 21
14 Alaska 55.16 17 1
15 Wyoming 54.45 9 45
16 New Mexico 53.49 14 12
17 Maryland 52.85 21 6
18 Colorado 52.52 13 36
19 Arizona 49.25 18 24
20 Idaho 48.38 19 29
21 Washington 47.89 22 17
22 Tennessee 47.66 20 33
23 Delaware 46.95 34 7
24 Illinois 45.89 23 28
25 Oregon 45.45 24 31
26 South Carolina 44.70 25 34
27 Louisiana 44.68 27 22
28 Georgia 43.78 28 35
29 Virginia 43.04 29 38
30 Texas 42.97 31 27
31 New Jersey 42.56 33 16
32 Utah 41.48 32 43
33 West Virginia 40.91 38 13
34 Missouri 40.74 35 37
35 North Carolina 39.95 36 39
36 Kansas 39.33 39 19
37 Kentucky 38.73 48 11
38 Ohio 38.07 51 9
39 Michigan 37.65 41 40
40 Pennsylvania 37.32 42 24
41 Minnesota 36.85 44 20
42 North Dakota 35.86 30 47
43 South Dakota 35.74 26 51
44 Mississippi 34.32 46 42
45 Indiana 34.00 49 26
46 Wisconsin 33.59 50 32
47 Alabama 33.35 47 43
48 Nebraska 31.30 37 50
49 Oklahoma 30.89 43 46
50 Iowa 30.42 40 48
51 Arkansas 26.83 45 49

 

To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/states-hit-hardest-by-covid-impact-on-tourism/72974/

Source: Wallethub. April 14, 2020. See accompanying videos.