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The 2006 Economic Impact of Visitor Expenditures on Northern New York State April, 2007

The 2006 Economic Impact of Visitor Expenditures on Northern New York State April, 2007. Northern New York State Adirondack Region Thousand Islands Seaway For Each Area: Total Overnight Visitors Total Visitor Expenditures Economic Impact. Table of Contents. The 2006 Results.

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The 2006 Economic Impact of Visitor Expenditures on Northern New York State April, 2007

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  1. The 2006 Economic Impact of Visitor Expenditures on Northern New York State April, 2007

  2. Northern New York State Adirondack Region Thousand Islands Seaway For Each Area: Total Overnight Visitors Total Visitor Expenditures Economic Impact Table of Contents The 2006 Results

  3. Results can be found at: • www.nnytourismresearch.org • under “Reports” section

  4. Adirondack Region Thousand Islands/Seaway Clinton Jefferson Essex Oswego Franklin St. Lawrence Hamilton Herkimer Lewis Warren Northern New York State:

  5. Purpose of Study • To measure the economic benefits derived by Northern New York residents and governments from the dollars spent in the region by tourists.

  6. What is Economic Impact? • Begins when a visitor spends any amount of money on a product/service • Direct Impact - $ used to earn income, pay wages & taxes • Indirect Impact – earned $ used by employees & businesses to make additional purchases

  7. What is a Tourist? • Anyone who visits the area while traveling outside of their normal routine and spends money. • If someone is staying here for more than 30 days or in contracted lodging, they are not considered a tourist.

  8. How was the study done? • Bottom – Up Approach: • Ask tourists what they are spending while they are here.

  9. Three Surveys Used • Lodging Activity – 1,183 properties interviewed in NNY • Resident Surveys – 413 households interviewed in NNY • Visitor Expenditure Surveys – 878 conducted in NNY at over 60 sites

  10. Input/Output Model • Special industry model created specifically for NNY uses total tourist expenditures to determine economic impact estimates for each county. • T-MAP-I Input/Output economic impact model used.

  11. Other Information Obtained • Number of Properties • Number of Rooms • Average Daily Rates & Occupancy Rates • Party Size • Length of Stay • Purpose of Trip – Business/Pleasure • Guest Origin

  12. Food Shopping - General - Tourist Liquor Historic Sightseeing Event Fees Sport Fees Cultural Evening Entertainment Licenses Sweepstakes Lodging Ground Transportation Other Visitor Expenditures

  13. Northern New York State

  14. Northern New York State • Total Overnight Visitors* • 2006: 5.081 Million • 2003: 4.996 Million • * Person Visits: One person making one stay in one accommodation.

  15. Northern New York State 2006 Overnight Person Visits 5.081 Million * Person Visits: One person making one stay in one accommodation.

  16. Northern New York State • Average expenditure per person per day • 20062003 • Hotel/motel/resort guests $139.16 $116.95 • Cabin/cottage guests $ 98.93 $ 82.22 • Campground guests $ 76.18 $ 62.24 • Visiting friends and relatives $ 81.23 $ 72.86 • Day trippers $ 50.63 $ 29.64

  17. Northern New York State Total Visitor Expenditures* 2006: $1,694,613,811 2003: $1,571,922,136 *Both overnight and day visitors

  18. Northern New York State • 2006 Total Visitor Expenditures • (in millions) Total: $1,694.61 Million ($1.69 Billion)

  19. Northern New York State • 2006Total Expenditures by Type of Purchase • (in millions) Total: $1,694.61 Million ($1.69 Billion)

  20. Northern New York State 2006 Total Expenditures by Season (in millions) Total: $1,694.61 Million ($1.69 Billion)

  21. Northern New York State 2006 Economic Impact

  22. Northern New York State Jobs Supported 20032006 Direct Impact 27,259 27,209 Indirect Impact7,7049,790 Total Impact 34,963 36,999

  23. Northern New York State Resident Income Supported 20032006 Direct Impact $458,583,000 $481,372,000 Indirect Impact$204,273,000$264,863,000 Total Impact $662,856,000 $746,235,000

  24. Northern New York State Local Government Revenue Generated 20032006 Direct Impact $106,304,000 $129,903,000 Indirect Impact$ 43,628,000$ 57,012,000 Total Impact $149,932,000 $186,915,000

  25. Northern New York State State Government Revenue Generated 20032006 Direct Impact $ 71,875,000 $ 94,805,000 Indirect Impact$ 43,015,000$ 52,917,000 Total Impact $114,890,000 $147,722,000

  26. Northern New York State • Without Tourism Expenditures in 2006: • Unemployment would have increased to 19% • Local resident taxes would have increased $737 per household to maintain government services at current levels.

  27. ClintonEssex Franklin Hamilton Herkimer Lewis Warren Adirondack Region:

  28. Adirondack Region • Total Overnight Visitors* • 2006: 3.459 Million • 2003: 3.353 Million * Person Visits: One person making one stay in one accommodation.

  29. Adirondack Region 2006 Overnight Person Visits 3.459 Million * Person Visits: One person making one stay in one accommodation.

  30. Adirondack Region Total Visitor Expenditures* 2006: $1,249,906,223 2003: $1,213,244,514 *Both overnight and day visitors

  31. Adirondack Region • 2006 Total Visitor Expenditures • (in millions) Total: $1,249.91 Million ($1.25 Billion)

  32. Adirondack Region • 2006Total Expenditures by Type of Purchase • (in millions) Total: $1,249.91 Million ($1.25 Billion)

  33. Adirondack Region 2006 Total Expenditures by Season (in millions) Total: $1,249.91 Million ($1.25 Billion)

  34. Adirondack Region 2006 Economic Impact

  35. Adirondack Region Jobs Supported 20032006 Direct Impact 20,171 19,371 Indirect Impact6,0765,775 Total Impact 26,247 25,146

  36. Adirondack Region Resident Income Supported 20032006 Direct Impact $355,750,000 $359,645,000 Indirect Impact$164,210,000 $163,158,000 Total Impact $519,960,000 $522,803,000

  37. Adirondack Region Local Government Revenue Generated 20032006 Direct Impact $ 76,678,000 $ 83,091,000 Indirect Impact$ 33,250,000$ 33,682,000 Total Impact $109,920,000 $116,773,000

  38. Adirondack Region State Government Revenue Generated 20032006 Direct Impact $ 50,733,000 $ 58,609,000 Indirect Impact$ 33,050,000$ 33,380,000 Total Impact $ 83,790,000 $ 91,989,000

  39. Adirondack Region • Without Tourism Expenditures in 2006: • Unemployment would have increased to 23% • Local resident taxes would have increased $916 per household to maintain government services at current levels.

  40. Clinton County

  41. Clinton County • Total Overnight Visitors* • 2006: 496,195 • 2003: 455,351 • * Person Visits: One person making one stay in one accommodation. For Clinton County cabins/cottages have been combined with motels/hotels/resorts

  42. Clinton County 2006 Overnight Person Visits 496,195 * Person Visits: One person making one stay in one accommodation.

  43. Clinton County Total Visitor Expenditures* 2006: $121,136,470 2003: $108,375,117 *Both overnight and day visitors

  44. Clinton County • 2006 Total Visitor Expenditures • (in millions) Total: $121.14 Million

  45. Clinton County • 2006 Total Expenditures by Type of Purchase • (in millions) Total: $121.14 Million

  46. Clinton County 2006 Total Expenditures by Season (in millions) Total: $121.14 Million

  47. Clinton County 2006 Economic Impact

  48. Clinton County Jobs Supported 20032006 Direct Impact 2,027 2,110 Indirect Impact659687 Total Impact 2,686 2,797

  49. Clinton County Resident Income Supported 20032006 Direct Impact $ 31,950,000 $ 34,914,000 Indirect Impact$ 16,035,000 $ 17,570,000 Total Impact $ 47,985,000 $ 52,484,000

  50. Clinton County Local Government Revenue Generated 20032006 Direct Impact $ 8,041,000 $ 9,217,000 Indirect Impact$ 3,435,000$ 3,754,000 Total Impact $ 11,476,000 $ 12,971,000

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