New Report Highlights Importance of Tourism to North Yorkshire's Economy
Tourism contributed 6.6% to the economic activity of North Yorkshire, new analysis by the Office for National Statistics has shown.The report, detailing the value of tourism to different areas across the UK, highlights the importance of the industry to our regional economy.
Tourism is responsible for £1 in every £15 contributed to North Yorkshire's Gross Value Added (GVA) – the measure of the value of goods and services produced - putting the county joint second in the list of top 15 ranked sub regions in England and Wales.
This was largely thanks to the high value of domestic overnight trips or 'staycations' which made up 35% of the region’s total tourism consumption compared to a national figure of 17%.
Cornwall and the Scilly Isles topped the list, with Cumbria sharing second spot with North Yorkshire.
In terms of spending by tourists in North Yorkshire, domestic day trips brought £1.4bn to the region and 'staycations' bringing £1.bn.
In terms of spending by tourists from abroad, North Yorkshire only attracted £148m. This equates to 5% compared to a national figure of 17%.
At the other end of the spectrum Tees Valley and Durham’s tourism industry contributed just £1 in every £60 of GVA.
In a recent survey by Travelodge, Scarborough, Whitby and York were all named in the top 20 staycation destinations for 2016.
New Report Highlights Importance of Tourism to North Yorkshire's Economy Reviewed by Editor on 23:13:00 Rating: