Lyndsey Kalson had a chance to speak with Cody Johnson of the New Mexico Tourism Department about moving forward in 2020 in ways to help local businesses and the economy recover from massive losses during the COVID-19 Pandemic.
As we reported in an earlier article- The state lost billions of dollars because of a lack of tourism during the pandemic. Small businesses are struggling to stay afloat. The state is now working to turn things around by investing millions into the tourism industry. The state’s tourism department estimates $4.3 billion loss in tourism-related revenue in 2020. The state is pushing for $25 million in special appropriation for tourism recovery in fiscal year 2022, which starts in July. The tourism department estimates it will take seven years for New Mexico to bounce back from the pandemic losses. The state is hoping the $25 million will cut that time to three years.