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Published on : Saturday, August 19, 2017
Economic Development Partnership of North Carolina has recently announced that there is a surge in the expenditure of tourists’ spending, which trigger up the market in North Carolina, including the regions of Albemarle from 2016.
North Carolina is a state in south eastern region of United States allures the tourists for the Appalachian Mountains, Great Smoky Mountains National Park, Blue Ridge Parkway and Biltmore Estate.
The visitors’ spending in 2016 raises a record $22.9 billion, an increase of 4.4 percent from 2015. Of the state’s 100 counties, 97 saw increased tourism spending.
The data were obtained by research commissioned by Visit North Carolina, the tourism department of North Carolina conducted by the U.S. Travel Association.
The figures reflected the sales and tax revenue data, employment figures and other economic data. It includes the dollars spent on food, lodging, retail items, recreation and transportation.
All area counties saw tourism spending jump in 2016, with both Pequimans and Chowan seeing the largest increases by percentage, 6 percent.
Currituck, meanwhile, saw a 4.94 percent increase among the expenditure of the tourists; Pasquotank reported a 4.77 percent jump; Dare saw an increase of 4.47 percent; and Camden saw a 1.75 percent increase. Gates County saw an increase of two-tenths of a percent.
As far as the total number of visitors’ spending, Dare of course reported the largest amount: nearly $1.1 billion, tying it for third-best in the state with Guilford and Buncombe counties behind Mecklenburg County’s $5 billion and Wake County’s $2 billion.
Currituck reported the next highest total of about $154.18 million. Coming in third was Pasquotank, which reported $62.3 million in tourism spending.
Chowan was fourth with $21.27 million; Perquimans fifth with $10.39 million; Gates sixth with $6.22 million; and Camden seventh with $2.01 million.
Elizabeth City Area Convention and Visitors Bureau Director Christina Rehklau told that they broke the record of $60 million level, which reached up $62.3 million.
According to State Department of Commerce the tourism in North Carolina generated a payroll of $9.78 million in Pasquotank, state tax receipts of $3.48 million and local tax receipts of $1.41 million. The tourism taxes translated into a savings of $122 for each Pasquotank taxpayer for 2016.
The tourism revenues in Pasquotank have slowly increased since the early 1990s, but underwent a setback following the Great Recession in 2008.
Indeed, the tourism spending in Pasquotank in 2009 was slightly more than $47 million, a 7.7 decrease from 2008.
The revenues ricocheted by 7.76 percent to $50.67 million in 2010, beginning another upward trend.
The only sluggish point was in 2013, when tourism in this region spending revenues were $55.04 million, reflecting only sixth-tenths of a percent increase from 2012.
Currituck Travel and Tourism Director, Tameron Kugler is also happy with Currituck’s growth in tourism spending in 2016.
Currituck boasted with complete vi9llage life and it also consists of the historic court house and the jail. The tourism department of Currituck is very pleased with tourism growth in both earnings and the expenditure in 2016 and expects even better numbers for 2017, which will be published in 2018.