This Longwoods International report chronicles how Colorado’s elimination of its state tourism marketing budget in the early 1990s led to a sharp decline in visitation, billions in lost revenue, and a diminished national profile. It follows the state’s path to recovery after funding was restored, documenting strong returns on investment and a full rebound in market share. The report also details how efforts to replace public funding with private-sector support failed, underscoring the importance of coordinated, statewide promotion. Through decades of data, it provides one of the clearest demonstrations of the economic consequences of cutting tourism marketing.