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5. A <br />Increasing <br />Tourism <br />After a brief slump at the start of the pandemic, tourism in the Denver area <br />has quickly normalized and is expected to increase in the near future. The <br />Boulder metropolitan area has seen a 14.5% increase in visitors from 2020 to <br />2021, with notable increases in domestic business travelers and international <br />tourists from Western countries. International visits are projected to have <br />grown by 2289/6, and international spending grew 345% in 2022 versus <br />2021. The Denver area's tourism market is projected to normalize by 2024. <br />Tourism Economics forecasts a nearly 500% growth in Denver visitor volume <br />by 2026. Assuming the pandemic stabilizes, Colorado could remain a top <br />destination site for international and domestic tourists through 2045. <br />Source: https://www.colorado.edu/business/sites/default/files/attached-files/2023_beof_book_ <br />final_122122_lr_rev.pdf <br />