APPENDIX 5 - Tourism Contribution to GDP |
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Average spend per stay |
No.
of visitors per year |
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Total |
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Staying
Visits |
£ |
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£ |
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£ |
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1 |
Domestic |
171.97 |
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1,356,000.00 |
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233,191,320.00 |
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233,191,320.00 |
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2 |
Overseas |
333.33 |
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93,000.00 |
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30,999,690.00 |
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30,999,690.00 |
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Day trips |
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3 |
All |
30.6 |
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1,203,000.00 |
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36,811,800.00 |
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36,811,800.00 |
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2652000 |
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£301,002,810 |
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GDP projection for 2000 |
£1,197,800,000 |
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Tourism
contribution to GDP |
25.13% |
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Average
spend based on extrapolation from 'Value of Tourism on Isle of Wight' by Anne
Hahlo, |
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with
figures coming from ETC & STB. |
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Visitor
figures are drawn from the IW Tourism End of Year Monitor 99/00 |
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The
GDP projection is based on the average growth rate for the last 5 years |
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