States Hit Hardest by COVID-19’s Impact on Tourism – WalletHub Study

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, along with accompanying videos.

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. Our 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. Below, you can see highlights from WalletHub’s report and a Q&A with WalletHub analysts.

States with Most Impacted Tourism Industry

States with Least Impacted Tourism Industry

1. Hawaii 42. North Dakota
2. Montana 43. South Dakota
3. Nevada 44. Mississippi
4. Vermont 45. Indiana
5. Massachusetts 46. Wisconsin
6. Florida 47. Alabama
7. New Hampshire 48. Nebraska
8. District of Columbia 49. Oklahoma
9. New York 50. Iowa
10. California 51. Arkansas

Key Stats

  • New York has the highest share of businesses in travel and tourism-related food industries, 12.19 percent, which is 1.8 times higher than in Utah, the lowest at 6.89 percent.
  • Nevada has the highest share of employment in travel and tourism-related accommodations industries, 16.09 percent, which is 23 times higher than in Ohio, the lowest at 0.70 percent.
  • The District of Columbia has the highest share of travel and tourism consumer spending, $19,869, which is 10.8 times higher than in Ohio, the state with the lowest at $1,847.
  • Connecticut has the highest travel spending per travel employee, $168,811, which is 2.2 times higher than in Mississippi, the state with the lowest at $76,458.
  • The District of Columbia has the highest default probability on loans of businesses in the travel and tourism-related accommodations industry, 3.85 percent, which is 1.8 times higher than in Alaska, the state with the lowest at 2.17 percent.

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/