Hospitality and the Economy
California’s Economy Relies on Hospitality Businesses
Hospitality is California’s fifth largest economic sector, generating more than $200 billion in combined economic activity statewide annually.
Every $1 spent at a restaurant generates an additional $1.32 for California’s economy.
Hospitality businesses provide critical tax revenue and spur billions of dollars in economic activity statewide at a time that it is desperately needed.
- Hospitality is California’s fifth largest economic sector, generating more than $200 billion in combined economic activity statewide annually.
- Every $1 spent at a restaurant generates an additional $1.32 for California’s economy.
- The sale of alcohol generates $3 billion in desperately needed local and statewide tax revenue annually.
