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Wilmington,
NC – August 2024 / NewsmakerAlert: Domestic and international visitors
to and within New Hanover
County spent more than $1.1 billion ($1,122.17 million) in 2023, which
represents an increase of 5.9 percent from 2022 spending. New Hanover County
ranks 8th in visitor spending among North Carolina’s 100 counties. Tourism
employment in New Hanover County increased to 6,790 in 2023, up from 6,676
in 2022. The data comes from an annual study commissioned by Visit
North Carolina, a unit of the Economic Development Partnership of North
Carolina.
“The
Wilmington
and Beaches CVB is pleased to announce that visitor spending in New
Hanover County once again set a new benchmark in 2023, besting last year’s
first time to exceed the $1 billion mark,” states Kim
Hufham, president/CEO of the New Hanover County Tourism Development
Authority. “During calendar year 2023, countywide room occupancy tax collections
totaled more than $24.9 million dollars, an increase of 4.94% over the
previous ROT benchmark set in 2022. This continued growth can be attributed
to our visitor-friendly destination that embodies the best of the Carolina
coast.”
Travel
and tourism is vital to the economic success of New Hanover County, especially
in terms of jobs, small businesses, growth and quality of place. Our community
benefits from visitor spending through job creation and a room tax base
that helps fund beach renourishment, the Wilmington
Convention Center, ocean safety programs, and other tourism-related
projects. Additionally, travel-generated state and local tax revenues help
offset the tax burden of local citizens.
Tourism
impact highlights for 2023:
-
Domestic
visitors to and within New Hanover County spent an estimated $1.1 billion
($1,122.17 million) in 2023, which represents an increase of 5.9 percent
from 2022 spending, setting a new record.
-
The travel
and tourism industry directly employs more than 6,790 people in New Hanover
County.
-
Total
payroll generated by the tourism industry in New Hanover County was $278.9
million.
-
State
tax revenue generated in New Hanover County totaled $37 million through
state sales and excise taxes, and taxes on personal and corporate income.
About $40.3 million in local taxes were generated from sales and property
tax revenue from travel-generated and travel-supported businesses.
-
Travel-generated
state and local tax revenues saved each New Hanover County resident an
estimated $323.85.
These
statistics come from the “The Economic Impact of Travel on North Carolina
Counties,” which can be accessed at partners.VisitNC.com/economic-impact-studies.
The study was prepared for Visit North Carolina by Tourism Economics.
Statewide,
visitor spending in 2023 rose 6.9 percent to reach a record $35.6 billion
in North Carolina. Direct tourism employment increased 4.8 percent to 227,200.
“The
new study underscores the importance of tourism to every county in North
Carolina,” said Visit NC’s Wit
Tuttell. “There’s a lot of competition for travelers’ time and money,
and we owe our success to everything from the state’s scenic beauty and
outdoor adventure to our mix of tradition and innovation and our welcoming
spirit. Those qualities might be hard to measure, but we can follow the
trail to a measurable impact on our workforce, our businesses and our tax
base. We look forward to continued success.”
About
the New Hanover County TDA
The
New Hanover County Tourism Development Authority (TDA), d/b/a Wilmington
and Beaches Convention & Visitors Bureau, markets and develops
the county and its communities’ leisure and group travel experiences for
economic growth and quality of place. For visitor information about Wilmington
and its island beaches and to request or download
a free 2024 Official Visitors Guide, visit www.WilmingtonAndBeaches.com.
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Media
Contact:
Connie
Nelson
Communications/Public
Relations Director
Wilmington
and Beaches CVB
910-341-4030,
ext. 120
866-266-9690
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