Below you will find stats for Otero County as it relates to Lodger’s Tax 2020 vs. 2019, Leisure Hospitality GRT 2020 vs 2019, % of Employment Dependent on Visitor Spending and Short Term Rentals. The legislature has seen the importance of supporting the revitalization of tourism for our State and in local communities and has again funded the NMTD higher than any prior year.
Read the complete study on the Headwaters Economics website at this link https://headwaterseconomics.org/public-lands/protected-lands/national-monuments-redesignated-national-parks/
New Mexico Hospitality Association is a nonprofit (501c6) that is focused on serving its members and all segments of the hospitality industry. The association delivers decades of combined experience to lead public policy and workforce development strategy for a more prosperous economy. Tourism & hospitality is one of the state’s strongest private industries. In 2017, the hospitality and tourism industry contributed $662 million in state and local tax revenue. Tourism had its largest economic impact in state history in 2017, injecting $6.6 billion into New Mexico’s economy and supporting nearly 94,000 jobs. The association represents member interests at the state and national level, cultivates professional development, and targets opportunities to incubate and foster long-term job and wealth creation statewide. The association’s members are true investors and are playing a crucial role in growing tourism and New Mexico’s economy.
Below are links to economic impact dashboards related to lodgers tax, visitation, GRT, and employment in the hospitality industry.