Business Today September 2019

Page 13

September 2019

News-

Photo credit: Attractions of America

News from www.Businesstodaync.com

Record visitor spending across NC in 2018 Aug. 15. Tourism spending in North Carolina rose to $25.3 billion last year, a record. The data, which comes from an annual study commissioned by Visit North Carolina, has Mecklenburg County once again at the top, with $5.68 billion in visitor spending last year, up 5.6 percent from 2017. Domestic visitors spent a record $25.3 billion statewide in 2018, also up 5.6 percent from 2017. State tax receipts as a result of visitor spending were close to $1.3 billion in 2018, and local tax revenues directly resulting from visitor spending totaled $774.6 million. Visitor expenditures directly supported more than 230,000 jobs and generated more than $6.3 billion in payroll income across North Carolina. The state’s tourism industry set a new record last year in visitor spending despite the effects of major storms. Here are the state’s Top 10 tourist sites: www.attractionsofamerica.com/attractions/northcarolina. php Noting that North Carolina ranks sixth in the nation for overnight visitation, Visit NC Executive Director Wit Tuttell said the spending growth in all 100 counties confirmed the appeal of the state’s destinations. “There’s a lot of competition for travelers’ time and money,” Tuttell said. “But people

13

come to North Carolina when they know about the state’s natural beauty, our residents’ welcoming spirit, and the irresistible mix of tradition and innovation.” In Cabarrus County, Charlotte Motor Speedway is No. 9 on the AttractionsofAmerica.com list of Top 10 NC destinations. The visitor spending study commissioned by Visit North Carolina is conducted by the U.S. Travel Association. The study uses sales and tax revenue data, employment figures and other industry and economic data to determine the overall impact of visitor spending in North Carolina. Highlights include: Wake County ranked second with $2.40 billion, followed by Guilford County with $1.49 billion, Buncombe with $1.21 billion and Dare with $1.19 billion in visitor spending. Cabarrus County tourism brought in $469 million—the 12th-ranked county—and Iredell came in at No. 18 out of 100 counties, with $271 million in tourist spending last year. The largest percent increases in visitor spending were seen in Onslow (8 percent), Beaufort (7.7 percent), Johnston (7.1 percent), Cherokee (7 percent) and Madison (6.8 percent) counties.

Business Expo 2019 Showcasing the businesses of Huntersville, Davidson, Cornelius and greater Lake Norman region!

Thursday, October 10, 2019 11 am – 5 pm Huntersville Recreation Center, 11836 Verhoeff Drive, Huntersville

Open to the Public • Free Admission

To register and for more information, call 704-892-1922 Visit www.LakeNormanChamber.org

Presented by

Gold Sponsors Silver Sponsors

Bronze Sponsors

Farrell Financial Freedom

Pet Pilgrimage

First National Bank

Raymer-Kepner Funeral Home

Freedom Boat Club

Schooley Mitchell

Aquesta Bank

Genesis Film

SCORE

Alphagraphics - Lake Norman

Hyde Park Storage

Susan Johnson - Keller Williams

Ballas Chiropractic

LaBella Associates

The Range at Lake Norman

Bentley Consulting Group

Lake Norman Currents Magazine

Visit Lake Norman

Charlotte Independence Soccer

McIntosh Law Firm

Waste Connections

Charlotte Relocation Guide

Park Avenue Properties

Wells Fargo - Mortgage

Cooke Rentals

Payroll Plus


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.