2023 Tourism and Economic Development Year End Report

2023 Economic and Tourism Development Year-End Report

TOURISM STATISTICS & OUTCOMES

Hastings County businesses also enjoyed increased spending by customers in 2023. Money spent at Retail, Travel & Entertainment, and Service Business in all 14 Member Municipalities was an estimated $156.2 Million in 2023. That’s a 10% increase from $141.8 Million in 2022 & a huge 50% increase from $104.1 Million in 2019 pre-pandemic. (Source: Anonymized credit and debit card transaction information processed by Moneris)

Tourism Impacts

11% Increase IN OVERNIGHT GUESTS AT COMMERCIAL ROOFED ACCOMMODATIONS (112,256 Estimated)

$34 Million ESTIMATED SPEND AT LOCAL RESTAURANTS

$31 Million ESTIMATED SPEND AT LOCAL RETAILERS

$20 Million ESTIMATED ACCOMMODATION SALES

(Source: Deloitte direct telephone and online survey of Hastings County accommodation businesses, retailers and restaurants)

Short Term Accommodations

Short-term rental number of booked nights: 184,615 8% increase over 2022

Number of booked listings: 502 18% increase over 2022

Number of available listings: 559 21% increase over 2022

Revenue: $17.8 Million 3% increase over 2022

(Source: AirDNA

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