Orlando News
The industry, which includes support operations such as the Orlando International Airport, Port Canaveral and others, are vital to the health of the region. And a new study shared by Visit Orlando and compiled by Oxford Economics shows just how much of a role the industry dominated by Mickey Mouse ears and more plays for Central Florida. In fact, tourism is the region's top economic engine and can result in business opportunities for all sectors of Central Florida.
Kingwood International Resorts has purchased the AAA Four Diamond-rated Reunion Resort and released an ambitious expansion plan for the Disney-area golf destination. Kingwood announced plans to make significant investments in Reunion Resort, including the addition of 1,200 rental accommodations, a new 400-room hotel with convention and meeting facilities to enhance the resort’s condominium and private home rentals.
Tourism annually generates approximately $71 billion in economic impact and supports roughly 449,000 jobs (41% of Orlando’s workforce). Visitor spending, in the neighborhood of $45 billion, provides more than $2 billion in state taxes and $3 billion in local taxes. Also, since 2009, visitation has increased 55%, while visitor spending is up 75%.
Fullhouse® vacation rentals offer the amenities of a resort with all the comforts of home. Guests can unwind in private pools and spas, reconnect in spacious open gathering areas, collaborate in meeting spaces, challenge friends in game and arcade rooms, watch the latest films in cinema-style home theaters, prepare meals in gourmet kitchens and enjoy al fresco dining poolside. Offering up to 14 bedroom en suites, these magnificent homes invite guests to spend time together or relax in private spaces.
Mattamy Homes has purchased 1,650 new lots for a regional expansion in places including the northwest corner of Osceola County near Walt Disney World, which will see the debut of Mattamy Homes into the Vacation Rental market. Solara at Westside will include more than 900 lots, and will feature resort-style amenities, town homes and single-family homes.
