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TOURISM ADDS $4 BILLION TO STATE'S ECONOMY EVERY YEAR, ACCORDING TO WHITE PAPER RELEASED BY TOURISM COALITION

TOURISM ADDS $4 BILLION TO STATE'S ECONOMY EVERY YEAR, ACCORDING TO
 WHITE PAPER RELEASED BY TOURISM COALITION
 ANNAPOLIS, Md., Jan. 29 /PRNewswire/ -- The tourism industry and its economic impact on Maryland is the subject of a "White Paper" released today by the Maryland Tourism Coalition, an informal group of businesses and organizations involved in travel and tourism in the state.
 Titled "A White Paper on the Impact of Tourism in the State of Maryland," the paper pulls together the findings of a number of independent researchers and research organizations, quantifying the enormous positive impact tourism has on the state's economy.
 In fact, the paper demonstrates that in addition to stimulating economic growth, Maryland's investment in tourism development creates employment opportunities, develops and supports small business, generates tax revenues and improves the quality of life for Maryland citizens.
 The paper also compares Maryland's expenditures on tourism with neighboring states, proving that an additional $150 million in revenue and 6,000 more jobs would have been generated over the past decade if Maryland's investment had equalled that of Virginia, a direct competitor.
 Copies of the "White Paper" can be obtained by calling the Maryland Tourism Council at 410-974-4473.
 -0- 1/29/92
 /CONTACT: Mary Jo McCulloch of Maryland Tourism Council, 410-974-4473; or Connie Whittington of Earle Palmer Brown, 301-961-3036, for Maryland Tourism Council/ CO: Maryland Tourism Council ST: Maryland IN: SU: ECO


MK -- DC006 -- 4662 01/29/92 10:56 EST
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Date:Jan 29, 1992
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