Tourism Economy Day Brings Business and Policy Leaders Together at the State House

Tourism Economy Day Brings Business and Policy Leaders Together at the State House

Over 100 tourism and hospitality industry leaders gathered at the State House on April 10 to engage with legislators and raise awareness of the collective contributions of these industries to the Vermont economy. Tourism Economy Day, convened by the Vermont Chamber of Commerce, Ski Vermont and Vermont Specialty Food Association, brought businesses together to advocate for a thriving Vermont visitor economy.

The Vermont visitor economy has a $4 billion annual economic impact and represents 10% of our workforce. In 2023 alone, 15.8 million visitors spent $4.0 billion across lodging, dining, retail, entertainment, recreation, and more. Their spending also contributed $282.3 million in state and local taxes—equivalent to approximately $1,039 per Vermont household. Businesses, legislative leaders, and Administration officials collaborated for a day of advocacy that elevated the collective contributions of the visitor economy to Vermont. Advocacy day highlights included a joint hearing with the Senate Committee on Economic Development, Housing and General Affairs and House Committee on Commerce and Economic Development, a joint resolution recognizing April 10, 2025, as Tourism Economy Day, and an evening food and beverage tasting reception with the Vermont Specialty Food Association.

Rep. Abbey Duke (Chittenden-17), a stalwart supporter of the tourism industry, shared “Vermont’s tourism sector is a cornerstone of our state economy, generating billions in economic activity, supporting tens of thousands of jobs, and enriching our communities. It’s essential for legislators to support policies that foster sustainable growth in tourism, including investments in infrastructure, housing, workforce development, and supporting local businesses.”

“A thriving tourism economy means vibrant communities and a chance for everyone—whether you’re a local or a visitor—to experience the very best of Vermont. However, the industry is facing challenges echoed by so many across the state: an aging declining workforce and a critical housing shortage.” said Amy Spear, President of the Vermont Chamber of Commerce. “It’s crucial that we find a path towards affordability and abundance, improving economic conditions. Vermont’s beauty and charm are undeniable, and together, we can create an environment where both our tourism industry and our communities can thrive for generations to come.”

Business leaders highlighted the following sentiments in their testimonies: the role of tourism supporting Vermont’s economy and communities, the industry’s centrality in providing jobs and making Vermont an appealing destination to both live and visit, and the collective challenges facing businesses in the industry, including: workforce shortages, workforce housing accessibility and affordability, rising taxes and high operating costs and a strained relationship with Canadian neighbors due to federal rhetoric.

“Outdoor recreation is a significant part of Vermont’s tourism economy, driving visits and fueling the economy in many rural parts of our state. In 2023, outdoor recreation accounted for 4.8% of the state’s GDP, or $2.1B annually, and 5.1% of the state’s workforce, according to the US Bureau of Economic Analysis,” said Molly Mahar, President of Vermont Ski Areas Association. “Vermont ranks second only to Hawaii in percent of GDP generated by outdoor recreation, which is largely driven by activities like skiing, snowboarding, hiking, mountain biking, and camping. However, businesses are grappling with workforce and housing shortages, higher costs, and new uncertainty around Canadian visitation levels, which limit growth.”

Additional business and policy leaders that testified were Nina Ridhibhinyo, Director of Programs & Strategy at ECHO, Leahy Center for Lake Champlain, Randy George, Owner of Red Hen Baking Co., Québec Delegate Rene Sylvestre of the Québec Government Office in Boston, Will Kriewald, CEO of Basin Harbor Resort and Boat Club, Abby Long, Executive Director of Kingdom Trails, Kate Trzaskos, Executive Director of Downtown Brattleboro, Vicky Allard, Founder and Executive Chef at Blake Hill Preserves, Steve Wright, President/General Manager at Jay Peak Resort, and Kim Jackson, Director of Communications and Marketing at Vermont Adaptive.

The day ended with a Vermont Specialty Food Association Legislative Tasting, featuring vendors from across Vermont. Karin Cioffi, Executive Director of VSFA shared, “Vermont’s specialty food and beverage producers are a cornerstone of the state’s identity and a driving force behind the visitor experience. Tourists don’t just come for the views, they come to taste Vermont. From handcrafted cheeses to small batch spirits, these products represent the passion, innovation, and resilience of our local businesses. Our evening tasting event at the State House showcased the incredible talent of producers across the state and underscored just how vital this industry is to Vermont’s economy, culture, and continued appeal as a destination.”

Photo Credit for Images 3 and 4: Blake Hill Preserves

Vermont Restaurant Leaders Meet with Congressman Peter Welch

Vermont Restaurant Leaders Meet with Congressman Peter Welch

The Vermont Chamber of Commerce, in partnership with the National Restaurant Association, facilitated a roundtable discussion with Vermont restauranteurs and Congressman Peter Welch to express gratitude for his ongoing commitment to the hospitality industry and his efforts to secure federal aid throughout the pandemic.  

The event, held at Hotel Vermont in Burlington, brought together several stakeholders from the Vermont restaurant industry and are members of the Vermont Independent Restaurants (VTIR) coalition, a partner of the Vermont Chamber of Commerce.

“Congressman Welch has demonstrated an unwavering commitment to the Vermont restaurant industry,” stated Amy Spear, Vermont Chamber of Commerce VP of Tourism. “We look forward to his continued partnership during his tenure in the Senate and ongoing efforts to ensure the vitality of the Vermont tourism sector.”

VTIR has worked with Congressman Welch on several policy initiatives in recent years, including the original passage of the Restaurant Relief Package, and the replenishment of the Restaurant Revitalization Fund. While in the House, Congressman Welch also supported the reauthorization of Brand USA and pushed for the support of the Paycheck Protection Program (PPP). PPP provided businesses in Vermont with more than 21,000 loans totaling upwards of $1.7 billion. The first round of PPP assisted nearly 12,000 Vermont small businesses, helping save as many as 114,000 jobs.

“Local and federal funding allocated to restaurants for pandemic recovery has improved the chances of many of our businesses to survive. While too many of us are still struggling to return to pre-pandemic operations, we are grateful for the Senator-Elect’s representation in Congress and are reassured by his steadfast support of our work,” stated Leslie McCrorey Wells of Pizzeria Verita and Trattoria Delia.

“The hospitality industry is at the heart of our downtowns,” said Congressman Welch. “From beloved local restaurants to the hotels that bring tourists to our towns and villages, these businesses are an essential part of Vermont’s economy, and they need our support. Through the COVID-19 relief packages, we provided critical aid for our restaurants, performance venues, and hotels, but we can do more to help businesses get through these challenging times. I’ll keep working to help our local establishments thrive in the Senate.”

Liquor Law Modernization Clears House

Liquor Law Modernization Clears House

H.730, a bill containing provisions to modernize Vermont’s liquor laws, has been passed by the House and will advance to the Senate. If enacted, both fortified wines and ready-to-drink (RTD) spirit beverages would shift from the exclusive purview of the Department of Liquor and Lottery and would be permitted to be sold in the same retail streams as malt and vinous beverages.  After review of a fiscal note, the House Committee on Ways and Means amended the bill to shift RTDs and fortified wines to the $0.55/gallon rate to align taxation with the new product definitions. These changes will provide greater access to products for both licensees and consumers.

Additional provisions of interest for license holders include the ability for third-class licensees to purchase tickets for the rare and unusual product raffle which was previously only available for consumers; and allowing the Department to stagger new and renewal dates for permits versus an annual renewal, which will likely expedite processing times and provide a better permitting process for new businesses.

Ep. 2: “State to Main” – Restaurant Recovery

Ep. 2: "State to Main" - Restaurant Recovery

“State to Main” is a policy-focused podcast series complementing the widely read weekly legislative newsletter of the same name.

The second episode of the series, “Restaurant Recovery,” features Amy Spear, VP of Tourism for the Vermont Chamber, and Chiuho Sampson, Chef/Owner of A Single Pebble, in Burlington. Spear and Sampson discuss the state of the restaurant industry, Restaurant Revitalization Fund replenishment, and the creation of the Vermont Independent Restaurants coalition.

Episodes are available to stream online via Spotify, Apple Podcasts, Soundcloud and on the Vermont Chamber of Commerce website.

“State to Main” is made possible by our sponsor, AT&T.

Chemical Regulation Without Insurance Puts Manufacturers at Risk

Chemical Regulation Without Insurance Puts Manufacturers at Risk

The Vermont Chamber testified in the House Judiciary Committee on S.113, a bill that proposes a cause of action for the remedy of medical monitoring for a person exposed to a proven toxic substance. The bill, as passed by the Senate, includes the Vermont Chamber’s recommendations from prior testimony in the Senate Judiciary Committee and an appropriate legal test for the remedy of awarding medical monitoring. The Vermont Chamber still has concerns regarding the insurance market and encouraged the Committee to hear from the Vermont Department of Financial Regulation on whether medical monitoring insurance can be written for Vermont companies. If not, several scenarios could disrupt the insurance markets, further impact our supply chains and economy, and subject manufacturers to significant risks and costs. To learn more, please contact Chris Carrigan

Expanding Manufacturing Tax Exemption Would Modernize Tax Law

Expanding Manufacturing Tax Exemption Would Modernize Tax Law

The Vermont Chamber testified in the Senate Finance Committee on H.437, a bill that includes a proposal to expand the manufacturing tax exemption. The Vermont Chamber supports this change, as it will modernize Vermont’s tax law, enhance workforce recruitment, retention, and upskilling efforts, modernize facilities, and make Vermont competitive with the 33 other states that have similar exemptions in place. The Vermont Chamber strongly supports the expansion of the manufacturing tax exemption to help manufacturers dealing with a severe workforce labor shortage. To learn more, please contact Chris Carrigan.  

A Housing Vacancy Problem vs. A Housing Availability Crisis

A Housing Vacancy Problem vs. A Housing Availability Crisis

Vermont currently has the highest rate of vacant homes in the nation. This census data comes as we are facing a workforce housing crisis. Two important questions need to be answered this legislative session: why does Vermont have so many vacant housing units, and how do we guarantee that the millions being invested in housing by the State this year are safeguarded to ensure the funding goes towards solving the housing crisis for working Vermonters? Some of these safeguards are already in the Omnibus Housing bill’s Missing Middle Homeownership Development Program and the Vermont Rental Housing Incentive Program, an important part of the Vermont Chamber’s testimony to the Senate Economic Development, Housing and General Affairs Committee.

The Omnibus Housing bill was voted favorably out of the Senate Finance Committee and Senate Appropriations this week, after a change moved the Downtown Tax Credits into a bill where other tax credits will be under consideration. The Vermont Chamber will be advocating to keep the housing programs that focus on increasing the supply of workforce housing fully funded.

Workforce Development Bill Draws Out Crossover

Workforce Development Bill Draws Out Crossover

The House workforce development bill made the rounds through the House this week, with committees weighing in by offering amendments to tweak the bill before it goes to the Senate. The Joint Fiscal Office released its fiscal summary of the bill, totaling $105.7 million without an expected impact on State revenues. This includes $44.5 million from the General Fund, $44.8 million in Global Commitment Fund, $15 million from the Education Fund, and $1.3 million of ARPA funding. The House Appropriations Committee is expected to mark up the bill soon, potentially making significant cuts. The Vermont Chamber will continue advocating for the programs that will grow the workforce.

Meanwhile, at the federal level the Vermont Chamber is continuing to advocate for solutions to the workforce shortage. Congressman Welch has been a great partner in this effort, signing on to a congressional letter to the Secretaries of Homeland Security and Labor, requesting the total number of allowable H-2B visas be released in order to alleviate the labor shortage. In addition, the Vermont Chamber is continuing to advocate for RRF replenishment in future COVID-19 relief bills or a small business relief package, and Congressman Welch signed on to a letter to House leadership in support of additional federal relief funding for small businesses.

Business Grants Get Thrown a Curveball with New Bill

Business Grants Get Thrown a Curveball with New Bill

The Vermont Chamber worked closely with the Senate Economic Development, Housing, and General Affairs Committee, ACCD, and VEDA, to come up with a workable solution to the problems in the economic recovery grant program. However, the most recent iteration of language in H.159 is extremely concerning. The program’s original intent was to help small businesses recover from losses they experienced due to the COVID-19 pandemic. The language now seems to change the intent to “support Vermont businesses experiencing continued working capital shortfalls.” With this additional layer of scrutiny, it seems businesses may be required to demonstrate not only past losses, but continued impact, effectively excluding seasonal businesses heading into their busiest time of year. The maximum loan amount has also been lowered to only $150,000, raising concerns of small business closures if operators cannot make up enough of their shortfall to stay in business. The Vermont Chamber worked to have the program criteria be based on operating costs rather than fixed costs and will be bringing these issues before the Committee as they continue to take testimony on this bill next week. To share how this program would impact your business, please contact Amelia Seman.

New Economic Development Bill Introduces a Host of New Problems

New Economic Development Bill Introduces a Host of New Problems

The Senate economic development bill missed the crossover deadline for bills to move from one chamber to the other. Many of the bill’s proposals have been combined into H.159, which previously passed the House and is now in Senate. While the new language retains several key Vermont Chamber priorities, such as the new relocating employee incentives, the regional recruitment and relocation network, and project-based TIF, it made significant changes to the COVID-19-related paid leave grant program, as well as the VEDA forgivable loans. The COVID-19 paid leave grant program is intended to provide grants to reimburse employers who paid employees for COVID-19 related sick time taken beyond the employee’s accrued sick time. The legislation instructs the Secretary of Administration to adopt procedures and processes to allow employers to certify the amount of paid leave provided for COVID-19 related reasons, and a process to allow employers to report on their use of the grant funds awarded.

The Vermont Chamber has raised concerns about what this certification will entail and how onerous it will be to provide documentation on employee paid time off taken months ago. Certification and documentation have received heavy scrutiny in previous business grant programs and outlining those expectations in statute will be important to ensure business owners are able to easily and appropriately access funds without reprisal in the future.