In 2014, VIRGINIA TOURISM INDUSTRY forecast to:

U.S. Travel Association Domestic Travel Domestic Travel Domestic Travel

TEIM Forecast Data VIRGINIA VIRGINIA VIRGINIA

2013 2014p 2014p/13

% Change

Expenditures ($ millions) 21,512 22,400 4.1%

Payroll ($ millions) 4,894.6 5,082.4 3.8%

Employment (thousands) 213.0 216.3 1.5%

Tax Collection ($ millions)

Federal ($ millions) 1,390.5 1,443.6 3.8%

State ($ millions) 842.1 908.7 7.9%

Local ($ millions) 581.9 595.1 2.3%

State + Local Taxes ($ millions) 1,423.9 1,503.9 5.6%

Tax Collection (Federal + State + Local - $ millions) 2,814.4 2,947.5 4.7%

PER DAY

4.1% FROM 2013

Generate

$22.4 BILLION

THE TRAVEL INDUSTRY IS THE

SUPPORT

216,300 JOBS

3.8%

PROVIDE

$1.5 BILLION IN STATE AND LOCAL TAXES

FROM 2013

Additional Highlights from the 2014 Forecast Data:

5.6%

SPENDING BY DOMESTIC TRAVELERS

$61 MILLION

FROM 2013

5

$5 BILLION

LARGEST PRIVATE EMPLOYER IN VIRGINIA

IN PAYROLL

INCREASE OF

3,300

VIRGINIA RANKS

STATE AND LOCAL TAX REVENUES

9

DOMESTIC TRAVEL SUPPORTED

1.5% IN DOMESTIC TRAVELER SPENDING AMONG 50

STATES & WASHINGTON D.C.

TH TH

FROM 2013

JOBS

IN DOMESTIC VISITOR SPENDING