industry impact - tourism az · 2018 year-end impact. northern and north central regions. $3.3...
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Industry ImpactNorthern Arizona
DIRECT TRAVEL SPENDING GENERATED IN 2018
$24 BILLION
Source: Dean Runyan Associates, 2018p
OVERNIGHT VISITS IN 2018
45.5MILLION
Source: Tourism Economics
DIRECT TRAVEL SPENDING GENERATED IN 2018
$3.3 BILLION
Source: Dean Runyan Associates, 2018p
Northern
North Central
2018 Year-End ImpactNorthern and North Central Regions
$3.3 BillionTotal Direct Spending
32,140Jobs
Generated by Travel Spending
$936Million
Industry Earnings
7.3%2.4%7.7%Source: Dean Runyan Associates, 2018p
Earnings and Jobs GrowthNorthern and North Central Regions
Source: Dean Runyan Associates, 2018p
3.6%
7.1%6.3% 6.3%
10.0%
7.3%
2.1%
4.6%
2.5%
4.0% 3.7%
2.4%
2013 2014 2015 2016 2017 2018
Earnings Millions Employment
Visitor SpendingNorthern and North Central Regions
$914 Million
Accommodations Arts, Entertainment, Recreation
Local Transportation Retail
Food Service
Visitor Air Transportation
$570 Million
$754 Million
$291 Million
$384 Million
$13 Million
Source: Dean Runyan Associates, 2018p
Visitor Spending by CommodityNorthern and North Central Regions
Source: Dean Runyan Associates, 2018p
$0
$100
$200
$300
$400
$500
$600
$700
$800
$900
$1,000
Accommodations Food Service
Mill
ion
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Visitor Spending by CommodityNorthern and North Central Regions
Source: Dean Runyan Associates, 2018p
$0
$100
$200
$300
$400
$500
$600
Arts, Ent. & Rec. Food Stores Local Tran. & Gas Retail Sales
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Spending by Accommodation Type
7%5%
39%36%
13%
Apache2%
18%
73%
4% 3%
Coconino
5%
53%22%
15%
5%
Gila
6%10%
50%
18%
16%
Navajo2%
34%
50%
11%
3%Yavapai
Campground
Day Travel
Hotel, Motel,STVR
Source: Dean Runyan Associates, 2018p
Taxes Generated by Visitor SpendingNorthern and North Central Regions
$154 MillionLocal Taxes
$146 MillionState Taxes
Source: Dean Runyan Associates, 2018p
Taxes Generated per HouseholdNorth Central Region
$1,060Gila
County
$880Yavapai County
Source: Dean Runyan Associates, 2018p
Taxes Generated per HouseholdNorthern Region
$2,970CoconinoCounty
$860Navajo County
Source: Dean Runyan Associates, 2018p
$440ApacheCounty
Looking Forward
Statewide Domestic Overnight Visitation
10.19.6
8.9 8.8
10.39.8
9.1 9.1
10.5 10.19.5 9.5
10.8
Q1 Q2 Q3 Q4
Milli
on
2016 2017 2018 2019
Source: Tourism Economics
YOY Domestic Visitation Growth
2.03%2.38% 2.54%
3.16%
2.10%
3.27%
3.92% 3.85%
1.97%
Q1 Q2 Q3 Q4
2017 2018 2019
Source: Tourism Economics
Business vs. Leisure Growth
1.7% 1.7%
1.0%
2.1% 2.2% 2.2%
2017 2018 2019
Q1Overnight Business Overnight Leisure
Source: Tourism Economics
Business7%
Leisure93%
NorthernBusiness
5%
Leisure95%
North Central
Business17%
Leisure83%
Arizona
Source: Longwoods International
YOY Domestic Visitation Growth
2.03%2.38% 2.54%
3.16%
2.10%
3.27%
3.92% 3.85%
1.97%
Q1 Q2 Q3 Q4
2017 2018 2019
Source: Tourism Economics
International Visa Card SpendingNorthern Region
Q1 2019 (January-March) Q2 2019 (April-June)
-17.4%
-9.7%
0.6%
-9.8%
1.3%
2.1%
-3.9%
-5.0%
-0.1%
-18.6%
CANADA
CHINA
FRANCE
GERMANY
JAPAN
UNITED KINGDOM
AUSTRALIA
MEXICO
SOUTH KOREA
SPAIN
-1.5%
-7.3%
-18.7%
-25.6%
-7.5%
20.1%
8.3%
-12.3%
4.1%
-3.9%
CANADA
GERMANY
FRANCE
CHINA
UNITED KINGDOM
JAPAN
AUSTRALIA
ITALY
SPAIN
NETHERLANDS
Source: VisaVue
International Visa Card SpendingNorth Central Region
Q1 2019 (January-March) Q2 2019 (April-June)
-12.7%
6.5%
7.9%
3.5%
-16.7%
2.9%
7.9%
7.2%
9.0%
-6.4%
CANADA
JAPAN
UNITED KINGDOM
AUSTRALIA
CHINA
GERMANY
FRANCE
MEXICO
SOUTH KOREA
SWITZERLAND
1.8%
-3.3%
7.8%
-1.4%
82.2%
0.4%
-21.4%
54.3%
45.7%
-29.2%
CANADA
JAPAN
UNITED KINGDOM
GERMANY
CHINA
AUSTRALIA
FRANCE
ITALY
MEXICO
SWITZERLAND
Source: VisaVue
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