Symbol Lookup
2011 Visitor Spending In Irvine Increases By 6.4 Percent
Published: 05/22/12 01:06 PM EDT
PRWeb

Destination Irvine released statistics from the 2011 Visitor Impact report conducted specifically for Irvine. In 2011, traveler expenditures for Irvine came to an estimated $498.9 million, an increase of 6.4 percent since 2010. The industry contributed $27.4 million in local and state taxes, an increase of 1.3 percent over last year.

"The tourism industry is a vital source of funding for the City of Irvine," said Wendy Haase, Director of Tourism Marketing, Destination Irvine. "Visitor spending contributes to maintaining a balanced city budget and high community standards; without it resident households would pay more per year in taxes."

Irvine's major visitor spending categories are as follows:

Spending Categories Percent of Total Spending Spending in Irvine ($ Millions)
Food & Beverage Services 28%$138.4
Accommodations 23%$115
Arts, Entertainment & Recreation 19%$93.9
Retail21%$107.4
Transportation 9% $44.2
Total Spending in 2011 100% $498.9

In addition, the travel industry supported 5,340 Irvine jobs and was responsible for adding $177.3 million in wages to the local economy.

According to the U.S. Travel Association, the travel industry expanded its employment base by 119,000 accounting for seven percent of the 1.6 million jobs created during 2011 - doubling the jobs created by construction and real estate industries combined.

These numbers are estimates from the Irvine Visitor Impact Report, Calendar Year 2011, a tourism economic impact study conducted by Dean Runyan Associates. Dean Runyan Associates also conducts the California Travel Impacts by County reports for Visit California.
The full report can be viewed at http://www.destinationirvine.com/tourism

About Destination Irvine
Under the Irvine Chamber of Commerce, a non-profit 501(c)6, Destination Irvine, funded by a self-imposed assessment through a Hotel Improvement District (H.I.D.), positions Irvine as a destination for visitors, meetings and groups. Destination Irvine through direct sales efforts including database marketing, lead generation, trade show participation, and familiarization tours, sells the destination. In addition, Destination Irvine promotes Irvine through marketing, advertising and public relations efforts.

Read the full story at http://www.prweb.com/releases/2012/5/prweb9524320.htm

PRWeb.com

PRWeb
Today
05:03 PM Life Insurance for Seniors is the Smartest Investment for Your Aging Parents, States Online Insurance Marketplace
05:02 PM Red Olive Increases Workforce by 50% to Keep Up with Demand for Web and SEO Services
05:02 PM Robert Glazer, Chief Executive Officer of ENT and Allergy Associates, LLP(R), Talks About the Business of Succeeding in New York
05:02 PM The First Winner of Grappone Cares Announced
05:02 PM Robin Judson Partners Welcomes Erica Kim
05:02 PM MOCON Announces Quarterly Dividend
04:42 PM Lawyers Mailing List Now Available From infofree.com At No Extra Charge
04:42 PM Intelesense Technologies CEO Named Entrepreneur of the Year by Future in Review Conference
04:41 PM 2013 is the Year of the Wildflower
04:31 PM The Bluths Are Back And Optimum Is The Only Major ISP In The Tri-State Area To Have Arrested Development In The Best HD Quality
04:31 PM New Student Savings at European Wax Center Boynton Beach
04:13 PM Harris Teeter Donates Lottery Incentive to Local Together in Education Schools
04:12 PM Empower America Enlists FIGTREE PACE to Help Service Veterans Transition from Combat Boots to Boots on the Roof -- with Solar
04:12 PM The Freedom Cartel and Glenn Jacobs Smack Down Lamar Alexander On His Voting Record
04:11 PM Personal Injury Law Firm Issues New Infographic Detailing a Potential Link Between Stevens Johnson Syndrome and Common Children's Medicines
04:10 PM The CNN Interview on Dr. Robert Young's Research About the Connection Between Over-Acidity and Weight Gain is Featured in Today's Bawell Publication
04:09 PM Web Startup Memez.com Launches with Over 100,000 Visitors on First Day
04:06 PM Tax Defaulted Auction Course Now Online at TedThomas.com Explains How Bidding On Tax Lien Certificates Varies From State To State
04:05 PM USAePay Releases iPhone App Update 1.2.7 on iTunes App Store
04:05 PM Agent Link Releases Compelling New Web Video, "Is Social Media Worth the Effort?"
04:05 PM GIS Releases Dramatic Upgrades to Pangea Onboarding Solution
04:03 PM Rapid Consulting Teams Up with Valencia High School to Provide Hands-On Experience in Enterprise Mobility
04:03 PM Ajax Union Unveils New Tips on How to Choose Keywords for Local Internet Marketing Campaigns
04:02 PM CompuHigh Announces its Stance on State Education Requirements
03:47 PM Steptoe & Johnson Once Again Top-Ranked By Chambers USA
03:42 PM Grinnell Mutual Releases 2012 Life Safety Achievement Award Application to Recognize Fire Departments
03:31 PM SportsFanPlayground.com Available For Sale at Flippa
03:31 PM ThinkGlass Revamps Website, Adds New Glass Countertop Video
03:27 PM New Board Members Poise Casa Dorinda For Growth
03:27 PM Bizzuka Hires Chief Innovation Officer
 

Powered By: FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes.
All other data is delayed at least 20 minutes.
By accessing this page, you agree to the following terms and conditions.
Stock Updates provided by MarketMinute.com
Mortgage Rates, CD Rates & Home Equity Rates provided by Banks.com
Stock Analysis provided by SocialPicks Conference calls info supplied by OpenCompany
Fundamental data supplied by Mergent, Inc.
Stock quote data supplied by Telekurs
Bots go here
close window
E-mail Article to a Friend




CLOSE WINDOW