Houston's Hospitality BusinessHotels and eating places in Harris County immediately employed more than 162,000 staff in 2011 and had $7.9 billion in sales in the course of the 12 months. For each dollar of direct compensation paid to hospitality business workers, the overall estimated contribution to Harris County personal earnings was $1.70. I cowl a variety of subjects in this weblog - together with transportation, transit, financial development, quality-of-life, metropolis id, and improvement and land-use laws - and have printed quite a few Houston Chronicle op-eds on these topics. I'm a native Houstonian, 6th-era Texan, attended Rice College for my BSEE and MBA, and a former McKinsey marketing consultant and adjunct faculty member with Management Houston.
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For each million dollars of direct business gross sales, there was an estimated $seven hundred,000 of related indirect and induced sales related to hospitality business purchases from: native suppliers and hospitality business & provider employee purchases from local companies. The hospitality trade's complete Harris County direct, oblique and induced earnings contribution totaled $6.zero billion in 2011, together with $3.5 billion of direct wages, suggestions and benefits paid to hospitality industry staff and $2.5 billion of oblique and induced income earned by employees of suppliers and other businesses.
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