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Wednesday, 16 August 2017 17:00

Tourism spending in county grows

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Visit North Carolina announced today domestic visitors to and within Halifax County spent $91.78 million in 2016, an increase of 2.3 percent from 2015.

The Halifax County CVB also reported accommodation revenues in Halifax County grew by 4.52 percent in 2016.

Lori Medlin, president of the Halifax County Convention & Visitors Bureau, said, “Our organization is proud to represent the over 1,000 individuals working hard, directly and indirectly, in the tourism industry, in Halifax County, to make these numbers a reality.  We are on track to have a record breaking 2017.  Our occupancy tax collections rose by over 7.7 percent from July 2016 through June 2017.”

State tax revenue generated by visitors to  Halifax County in 2016 totaled $5.73 million through state sales and excise taxes, and taxes on personal and corporate income. 

About $2.23 million in local taxes were generated from sales and property tax revenue from travel-generated and travel-supported businesses.

Governor Roy Cooper announced in May visitors to North Carolina set a record for spending in 2016.

The $22.9 billion in total spending represented an increase of 4.4 percent from 2015. 

These statistics are from the Economic Impact of Travel on North Carolina Counties 2016.

The study was prepared for Visit North Carolina by the U.S. Travel Association.

“All eight economic development regions of the state had spending growth of 3 percent or more, and 96 percent of the state’s counties saw direct tourism employment growth from 2015 to 2016,” said Wit Tuttell, executive director of Visit North Carolina. “Tourism continues to be major driver of economic development across North Carolina, which is the sixth most-visited state in the country.”

Statewide highlights include:

State tax receipts as a result of visitor spending rose 5.1 percent to nearly $1.2 billion in 2016. 
Visitors spend more than $62 million per day in North Carolina.

That spending adds more than $5.1 million per day to state and local tax revenues (about $3.2 million in state taxes and $1.9 million in local taxes). 

The travel and tourism industry directly employs more than 219,000 North Carolinians. 
Each North Carolina household saves $497 in state and local taxes as a direct result of visitor spending in the state.

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