Visitor Economy continued to grow in 2017

29 October 2018

Economic impact of the sector has grown 2.9% since 2016 with Lancashire increasingly popular for its food & drink offer

With just a week to go before the county celebrates tourism and hospitality businesses across the county in the Lancashire Tourism Awards 2018, Marketing Lancashire has revealed the latest annual tourism figures for 2017. Latest figures show the visitor economy continues to grow, with the economic impact of the sector reaching £4.25 billion (+2.9% since 2016) and visitors increasing from 67 million to 67.63 million. There has also been a 1% increase in jobs in the tourism and hospitality sector.

Chief Executive, Rachel McQueen

Chief Executive, Rachel McQueen, said “This is good news for Lancashire and another year of positive growth for the sector. The greater rise in economic impact, compared to visitor numbers, shows that people visiting the county are now also spending more. We are encouraged by the 3% increase in staying visitors and, with an incredibly busy summer this year, we are optimistic that we will see a healthy level of growth into next year.”
Lancashire continues to be hugely popular with day visitors, thanks to great connectivity and an offer that appeals to the people living in nearby urban centres. The county also has a diverse and packed programme of events that draw visitors from wider neighbouring counties and further afield. Day visitors generated £2.06 billion in 2017, an increase of 3.2% on the previous year, but staying visitors generated even more at £2.2 billion, an increase of 2.8%.

2 Michelin Star Moor Hall, Aughton, Lancashire

Key areas of spend continue to be retail and food & drink, which generated over £2.18 billion, together an increase of 4% in 2017.
“We’re delighted to see that these areas of spend have increased. Lancashire has a much-admired food & drink offer, as evidenced by recent accolades. From two Michelin star Moor Hall, one Michelin star Northcote and The White Swan at Fence, to the highest quality food pubs such as Freemason’s at Wiswell, Parkers Arms and The Cartford Inn, which all feature in the Top 50 UK gastro pubs.

“These establishments have some of the country’s finest food producers on their doorstep and our work to help champion producers as well as Lancashire’s restaurants, pubs and cafes through the Taste Lancashire campaign, continues to put the spotlight on the county’s food and drink sector.”

The county is also focused on increasing the number of international visitors, with a successful bid to the Discover England Fund providing £250k to promote a differentiated offer to the Nordic market, and close working with Manchester to showcase Lancashire to the Indian audience that the new Jet Airways route will open up.

On Wednesday 7th November Marketing Lancashire presents the annual Lancashire Tourism Awards, the only county-wide awards that celebrate and recognise the £4.25 billion visitor economy, tourism and hospitality sector. This year the awards ceremony will take place in a new venue, the Imperial Banqueting Suite in Preston with guest presenter and proud Lancastrian Jodie Prenger, star of West End theatre, stage and TV.
Follow the build up to event and hear the winners first by following on twitter #LTA18.

A summary of the latest visitor economy data and key findings of the STEAM data for 2017 can be found on marketinglancashire.com

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NOTES TO EDITORS
Data source: Lancashire annual STEAM* economic impact report 2017 (Scarborough Tourism Economic Activity Monitor) a model used by many Destinations Management Organisations. It uses locally derived data from a variety of sources such as hotels, attractions, tourist information centres, events and other accommodation to estimate the number of visitors, revenue generated and employment supported by tourism. The model provides the county with a continuous tourism economic impact dataset which reveals trends and helps highlight areas of particular growth or in need of support.

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