In news that may interest those looking to invest in Orlando property to tap into the tourist rental market, one of the city’s airports is reportedly set to receive funding for improvements.

Orlando Sanford International Airport will get $9.2 million (£5.17 million) in federal funding for projects to improve facilities, of which $8.2 million will be used to resurface the main runway and $1 million for land acquisition to extend another runway, the Orlando Business Journal reports.

Such developments may make possible a further increase in traffic for the airport, which may help boost the tourism industry.

Orlando International Airport has seen traffic of over three million passengers in each of the last seven months up to July 2008, the same paper noted in a separate report.

Although US tourism has been dented by the worldwide economic situation, business at Walt Disney World is said to be remaining healthy.

Hotelier Greg Hauenstein, general manager of the nearby Buena Vista Palace, told ajc.com last week: "Our business this year is up over last year."

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