1-10 813 11-20 173 21-49 155 49+ 189 2.2 3.7 3.6 5.1 3.7QUICK FACTS • Visitors made an estimated 12.8 million person trips to Vermont for leisure, business or personal travel. • Direct spending by visitors for goods and services totaled $1.46 billion. • Visitor spending supports an estimated 36,470 jobs for Vermonters (approximately 1 in every 10). • Visitor spending contributed $181.7 million in tax and fee revenues to the state of Vermont. • Sectors of the Vermont economy like retail and dining are 2-3 times more dependent on visitor spending than the national average. Visitor Spending & Number of Visitors By Season Summer (Jun-Aug) $443.1 million (5.1 mil.) 40.2% Winter (Dec-Mar) $568.7 million (4.0 mil.) 31.4%
$337.7 million (2.8 mil.) 21.5% $112.5 million (0.9 mil.) 6.9%Visitors By Type (12.8 million person trips) • • Out-of-state Overnight In-state Day 49.2% (6.3 mil.) 25.0% (3.2 mil.) • • Out-of-state Day In-state Overnight 20.3% (2.6 mil.) 5.5% (0.7 mil.) Visitors By Origin (12.8 million person trips) • • Domestic (outside VT) Vermont 51.2% (6.6 mil.) 30.1% (3.9 mil.) • • International (Canada) International (Other) 18.2% (2.3 mil.) 0.6% (0.07 mil.) Visitors Spending By Activity ($1.46 Billion Total) • • Shopping Lodging 26.4% ($386 mil.) 23.7% ($346 mil.) • • Food & Beverage Amusement/Recreation 11.0% ($161 mil.) 23.6% ($344 mil.) • • Gasoline Groceries 7.0% ($102 mil.) 6.7% ($99 mil.) • Auto Repair and Service 1.6% ($24 mil.)
Tax & Fee Revenues From Visitor Spending ($181.7 Million Total)
• • General Fund Education Fund $91.7 million $74.2 million • Transportation Fund $15.8 million More information online: www.uvm.edu/tourismresearch/Press inquires: Jason Aldous, Vermont Dept. of Tourism & Marketing (802) 828-0528 or jason.aldous@state.vt.us
Average Visitor Spending* ($1.46 Billion Total) • • Day Visitor Overnight Visitor* $166.00 $51.22* Note: Overnight visitor spending may appear lower than expected because not all overnight visitors stay in commercial lodging establishments.
Vermont Jobs Supported By Visitor Spending (36,470 total or approx. 1 in every 10)
• • Direct Wage & Salary Jobs Proprietors in the Industry 7,721 20,019 • Indirect Wage & Salary Jobs 8,730 Vermont Lodging Establishments By Size (1,330 total with 22,154 total rooms) # Units #Est. % Of Total # Rooms % Of Total 61.1% 13.0% 2,578 2,059 11.6% 9.3% 11.7% 14.2% 13,879 3,638 16.4% 62.6% Where Visitors Stay and Average Length of Stay Description % Of Total Avg. Stay (Nights) Hotel, Motel, Inn, B&B Friends & Family or 52.6% 33.3% Private Home Rental Homes 7.0% 5.3% Owned 2 nd Park/Campground Home 1.8%Source: Summary information adapted from: A Benchmark Study of the Economic Impact of Visitor Expenditures on the Vermont Economy – 2003. Prepared by Economic & Policy Resources (www.epreconomics.com) and published by the Vermont Department of Tourism & Marketing (www.VermontVacation.com) January 2005.
The Vermont Travel & Tourism Industry - 2003