Here’s a look at the major, multi-billion dollar impact Spring Break has around the world
Every year students of all ages escape from the stresses of school and enjoy the warm weather and raucous fun of Spring Break. However, Spring Break is not just a time for relaxation; it is also a major economic event for various businesses including hotels, restaurants, and entertainment destinations. Let’s take a look at the recent economic impact of Spring Break domestically and around the world.
Spending During Spring Break
According to the National Retail Federation, college students alone spend an estimated $5.5 billion during Spring Break. Spending on Spring Break vacations can also add significantly to the overall economic impact.
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By some estimates, expenses can reach up to $1,000 per person. This spending contributes to various sectors, including accommodations, food and beverage, groceries, gas, and transportation.
This spending plays a major role in various, specific regions of the United States, like:
Top Spring Break destinations
These cities rely strongly on the annual economic impact of Spring Break.
- Miami Beach, Florida
- South Padre Island, Texas
- Las Vegas, Nevada
- San Diego, California
- Moab, Utah
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