Photo: 560 WGAN Newsradio
BANGOR, Maine (AP) A study says Maine hotels, restaurants and bars will lose $1 billion in direct taxable revenue this year because of the pandemic.
The University of Maine study commissioned by HospitalityMaine finds that hospitality industry is expected to contribute roughly $3 billion in direct taxable revenue to the Maine economy, down from $4 billion last year.
The Bangor Daily News reports that it’s the end of a dozen consecutive years of growth.
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