Albuquerque Mayor Tim Keller announced in late March he will allocate $1.5 million to help reignite the tourism industry after it took a hard economic hit from Covid-19. According to the New Mexico Tourism Department, the state had an estimated loss of $3.5 billion in visitor spending in 2020, resulting in over $163 million of state and local taxes lost.
“As we recover, we’re in a position to infuse growth into the industry, boost tourism and bring back the jobs and revenue that were lost…
Source: The Business Journal
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