April 24, 2024 11:25 am
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Arizona to use $100M in federal relief funds to boost tourism

By Kevin Stone | KTAR

PHOENIX — Arizona Gov. Doug Ducey on Wednesday announced that $101.1 million in federal relief funds will be invested into a new initiative to boost tourism in the state.

The Visit Arizona Initiative includes assistance for tourism marketing, local community programs and events support, and outdoor recreation improvements.

Arizona’s tourism industry took a hit in 2020 during the COVID-19 pandemic, with overnight visitation falling by 31% and spending down by 41% from 2019, according to a press release.

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New home sales post solid gain in March

By NAHB Despite higher interest rates last month, new home sales rose in March due to limited inventory of existing homes. However, the pace of new home sales will be under pressure in April as mortgage rates moved above 7% this

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