Text Size
Archives

Travel group seeks $500 million for Gulf tourism

The head of the U.S. Travel Association is proposing that BP set aside $500 million for a marketing campaign to help draw tourists to the Gulf Coast.

Association president and CEO Roger Dow has made the proposal in prepared testimony to a House panel looking at the oil spill's impact on tourism.

Dow says in his remarks that a study his group commissioned found the spill could result in lost tourism in coastal areas to the tune of $22.7 billion over three years. He says the $500 million could come from either $20 billion BP has set aside to pay for economic damages or could be added to it.

The New Orleans Metropolitan Convention and Visitors Bureau made a similar proposal last month.

This article has been locked. You can no longer post any comments.

By UNCLLSUK payday loans

Check Stocks

1 DOW 15,354.40
+121.18 (0.80%)    
2 S&P 1,667.47
+17.00 (1.03%)    
3 NASDAQ 3,498.97
+33.73 (0.97%)    

Twitter Updates

Loading...

Last 3 tweets from navarrepress:

Follow us on Twitter
Follow us on Twitter

Facebook Fans