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National Restaurant Association - Study: Houston’s restaurants, hotels energize local economy

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Study: Houston’s restaurants, hotels energize local economy

A study, commissioned by the Greater Houston Restaurant Association and Texas Restaurant Association, has found that in 2011 the city's hospitality industry generated annual revenue of $7.9 billion.

It further reported that hotels, restaurants and their employees contributed an estimated $792 million in state and local taxes during the year.

"The combined efforts of the industry have resulted in an apparent economic boon to the Houston economy," said GHRA president Reggie Coachman, Western regional director of franchise operations for the Schlotzsky's sandwich chain.

The economic impact study, which was conducted by Ernst & Young, further found that in 2011, Houston's hotels and restaurants employed 162,000 people, approximately 9 percent of the city's total private-sector employment, and helped create another 41,800 jobs at suppliers and other industry-related businesses.

"The economic success of the region's hospitality industry is directly linked to the thousands of owners, employees, suppliers and wholesalers who support it," Coachman said.

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