Tourism Drives $1.2 Billion Economic Impact Along Great Miami Riverway in 2023
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DAYTON – Tourism along the Great Miami Riverway hit record levels in 2023, with visitor spending generating a total economic impact of $1.2 billion, according to a new study by Tourism Economics. Visitor expenditure grew by 6% over the previous year, reaching $710 million, and supported 10,930 jobs across the region.
“These figures highlight the Riverway’s emergence as a premier destination for outdoor recreation and vibrant riverfront experiences,” said Ginger Clark, Manager of the Great Miami Riverway. “The blend of our scenic trails, thriving downtowns, and cultural attractions is drawing visitors and delivering lasting economic benefits to our communities.”
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The Great Miami Riverway also plays a critical role in promoting regional resilience. The Miami Conservancy District, which manages the Riverway, maintains an integrated system of dams, levees, and flood protection infrastructure that safeguards communities from flooding. This system not only protects lives and property but also ensures that residents and visitors alike can enjoy the region’s outdoor amenities year-round.
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“By investing in flood protection and water stewardship, MCD has created a safe and resilient environment that supports tourism and drives economic growth,” Clark added.
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Key Highlights from the Report:
• Direct Visitor Spending: $710 million, translating to $1.9 million spent daily in the region.
• Total Economic Impact: $1.2 billion, including direct, indirect, and induced effects.
• Employment: Tourism supported 10,930 jobs, or 1 in every 17 jobs in the region.
• Labor Income: Generated $321 million, including $180 million in direct wages.
• Tax Revenue: Contributed $140 million in tax revenues, with $70.7 million going to state and local governments.
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The report also revealed that Montgomery County accounted for the majority of regional tourism sales, contributing 64.4% of the total. Meanwhile, Hamilton County and Shelby County led growth, with visitor spending increasing by 11.4% and 7.1%, respectively.
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Tourism’s impact extends across multiple sectors, with notable spending in transportation, food & beverage, retail, recreation, and lodging. Visitor spending has now surpassed pre-pandemic levels by 12.2%, underscoring the region’s recovery and growing appeal.
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Looking Ahead
The Riverway Coalition aims to leverage these results to attract further investment, enhance visitor experiences, and continue building on the region’s momentum. “Our focus remains on promoting sustainable growth, creating quality jobs, and ensuring the Riverway continues to enrich the lives of residents and visitors alike,” Clark added.
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For more information about the Great Miami Riverway and its attractions, visit greatmiamiriverway.com.