Visitor Spending Increase to $4.4 Billion in Mecklenburg County | Charlotte NC Travel & Tourism
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Visitor Spending Increase to $4.4 Billion in Mecklenburg County

 

VISITOR SPENDING INCREASES TO $4.4 BILLION IN MECKLENBURG COUNTY AND MORE THAN $5.7 BILLION IN CHARLOTTE REGION

CHARLOTTE, N.C. (August 16, 2013) – The economic impact of tourism in Mecklenburg County grew by seven percent in 2012, with visitors infusing $4.4 billion in domestic spending into Mecklenburg County. Mecklenburg led all counties in the state with more than double the amount of tourism spending over the second highest ranking county (Wake County at $1.8 billion). More than 45,000 people are employed by the tourism industry in Mecklenburg, making it an important economic sector with a measurable impact on our community. State and local tax revenues from travel to Mecklenburg County totaled $312.99 million, representing a $325 tax saving for every county resident. 

In calculating the tourism spending in the Charlotte region, spending totaled more than $5.7 billion. This encompasses 10 counties in North Carolina and three in South Carolina outlined in the Charlotte Metropolitan Statistical Area (MSA). See table below for further detail on each county in the MSA.

County

Economic Impact (millions)

Employment

State & Local Tax Collections (millions)

Tax Savings per Resident

Cabarrus

$362.97

3,940

$26.60

$144.91

Chester*

$21.00

210

$1.66

$50.43

Gaston

$215.16

1,740

$15.46

$74.12

Iredell

$205.73

1,660

$17.29

$106.05

Lancaster*

$27.52

240

$3.66

$46.98

Lincoln

$47.80

360

$3.95

$49.83

Mecklenburg

$4,404.86

45,120

$312.99

$324.96

Rowan

$137.74

1,210

$11.6

$83.91

Union

$108.62

890

$7.82

$37.62

York*

$166.62

1,810

$15.57

$67.54

TOTAL

$5,698

57,180

$416.60

$986.35

“This data reinforces the value that the travel and tourism industry brings to the Charlotte region and we’re pleased with this year’s results,” says CRVA CEO Tom Murray. “Clearly, we had a strong year in 2012 with events like the 2012 Democratic National Convention and Charlotte isn’t showing signs of slowing down in 2013. All of our key performance indicators look good and we’re working toward another successful year in 2013 to create even more economic impact for the Charlotte region.”

Statewide, visitor spending increased five percent in 2012 to $19.4 billion, directly generating 193,610 jobs and nearly $4.3 billion in payroll income. North Carolina data was taken from the study "The Economic Impact of Travel on North Carolina Counties," available at www.nccommerce.com. This study was prepared for the North Carolina Division of Tourism, Film and Sports Development by the US Travel Association.

*South Carolina data reflects 2011 research provided by the South Carolina Department of Parks, Recreation & Tourism (SCPRT). CRVA totals for 2012 economic impact, employment, state & local tax collections and tax savings per resident are subject to change once SCPRT releases 2012 updated visitor spending in coming weeks.


About Charlotte Regional Visitors Authority (CRVA)

The Charlotte Regional Visitors Authority (CRVA) works to ensure the visitors and events that choose Charlotte have a positive experience. Responsibilities include destination marketing through Visit Charlotte and the region’s destination marketing brand, ‘Charlotte’s got a lot,’ and management of Charlotte’s public assembly facilities, which include the Charlotte Convention Center, Time Warner Cable Arena, Bojangles’ Coliseum, Ovens Auditorium and the NASCAR Hall of Fame. CRVA’s mission seeks to leverage its hospitality marketing and management expertise to maximize the impact of the Charlotte region’s economy, creating opportunities and jobs for the Charlotte region. charlottesgotalot.com

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