Dahlonega & Lumpkin Co. Georgia: The 2009 Economic Significance of Tourism to the County by the...
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Transcript of Dahlonega & Lumpkin Co. Georgia: The 2009 Economic Significance of Tourism to the County by the...
Dahlonega & Lumpkin Co. Georgia: The 2009 Economic Significance of
Tourism to the County
by the Southeast Tourism Society
Dr. Steve Morse, Economist Tourism Institute, University of Tennessee, Ph: (865) 850-9319; E-mail: [email protected]
Presentation Agenda
1
• What is the yearly impact of tourism on Dahlonega - Lumpkin County?
2
• The 2009 Recession & tourist spending in GA and Dahlonega - Lumpkin Co.
3
• What is the daily impact of tourism on Dahlonega - Lumpkin County?
4
• How does tourism activity provide tax relief for Lumpkin Co. households?
Study prepared for theDahlonega - Lumpkin County Chamber of Commerce &
Convention and Visitors Bureau
by the Southeast Tourism Society
Dr. Steve Morse, Economist Tourism Institute, University of Tennessee, Ph: (865) 850-9319; E-mail: [email protected]
Dahlonega - Lumpkin County, Georgia: The 2009 Economic Significance of Tourism to the County
How Tourism Generates Jobs, Payroll, and State & Local Taxes for
Dahlonega - Lumpkin Co.Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel
Economic Impact on Georgia State, Counties, and Regions.” additional analysis by Dr. Steve Morse, University of Tennessee
In Dahlonega & Lumpkin County …Tourism generates jobs, worker payroll
and State & local taxes
Dahlonega – Lumpkin Co. has a wide variety of tourist activities
Presentation Agenda
1
• What is the yearly impact of tourism on Dahlonega - Lumpkin County?
2
3
4
What are the impacts of tourism on the Dahlonega - Lumpkin County economy, 2009?
Tourist Spending
Jobs Created
Worker Paychecks
State Taxes
Local Taxes
?Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel
Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
Yearly Impacts of Tourism on the Dahlonega - Lumpkin County economy, 2009
Tourist SpendingTourists spent
$27.78 million
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
Yearly Impacts of Tourism on the Dahlonega - Lumpkin County economy, 2009
Jobs CreatedTourism created 290 jobs
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
Yearly Impacts of Tourism on the Dahlonega - Lumpkin County economy, 2009
Worker Paychecks
Tourism generated
$5.82 million in
worker paychecks
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
Yearly Impacts of Tourism on the Dahlonega - Lumpkin County economy, 2009
State Taxes
Tourism generated
$1.06 million in Georgia State taxes
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
Yearly Impacts of Tourism on the Dahlonega - Lumpkin County economy, 2009
Local Taxes
Tourism generated $850,000
in local Lumpkin Co.
taxesSource: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel
Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
Presentation Agenda
1
2
• The 2009 Recession & tourist spending in GA and Dahlonega - Lumpkin Co.
3
4
Dahlonega - Lumpkin Co. & GA Tourism during the 2009 recession
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
The 2009 recession had a downward impact on most all Georgia economic sectors, including the tourism sector
• When Dahlonega – Lumpkin Co. tourist spending is compared to overall statewide Georgia tourist spending from 2009 from 2008, Dahlonega – Lumpkin Co. tourist spending decreased by 8.2%, and statewide Georgia tourism decreased by 7.6%.
• Thus, tourist spending in both Dahlonega – Lumpkin Co. and Georgia had a relatively similar downward impact during the 2009 recession
Presentation Agenda
1
2
3
• What is the daily impact of tourism on Dahlonega - Lumpkin County?
4
On an average day in Dahlonega - Lumpkin Co., how much do tourists generate in …
• Daily State Tax Revenues?
• Daily Local Tax Revenues?
• Daily Worker Income & Payroll?
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia
State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
On an average day in Dahlonega - Lumpkin Co., tourists spending
generates…
$5,233 daily in Georgia
State & local tax revenues
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
On an average day in Dahlonega - Lumpkin Co., tourists spending
generates…
$2,904 daily in Georgia State tax revenues
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
On an average day in Dahlonega - Lumpkin Co., tourists spending
generates…
$2,329 daily in local Lumpkin Co. tax revenues
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
On an average day in Dahlonega - Lumpkin Co., tourists spending
generates…
$11,260 daily in worker
paychecksSource: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel
Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
Presentation Agenda
1
2
3
4
• How does tourism activity provide tax relief for Dahlonega - Lumpkin Co. households?
• Each of the 11,632 households in Dahlonega - Lumpkin Co. pay $164 less in State and local taxes as a result of taxes generated by tourist spending
Tourism Tax Relief for Dahlonega - Lumpkin Co.
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” U.S. Census Bureau; & Dr. Steve Morse, University of Tennessee
Each Dahlonega - Lumpkin Co.
Household would pay $164 more in taxes
In other words, if it were not for State & local taxes
generated by tourism …
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” U.S. Census Bureau; & Dr. Steve Morse, University of Tennessee
In summary: Tourism works for Dahlonega - Lumpkin Co. in 2009
Tourist Spending
Jobs Created
Worker Paychecks
State Taxes
Local County Taxes
$27.78 million290 jobs
$5.82 million$1.06 million
$850,000Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel
Economic Impact on Georgia State, Counties, and Regions.” & Dr. Steve Morse, University of Tennessee
Thank You!
Source: Study prepared for the GA Dept. of Economic Development, Tourism Division by the U.S. Travel Association. “2009 Travel Economic Impact on Georgia State, Counties, and Regions.” additional analysis by Dr. Steve Morse, University of Tennessee,
Ph: (865) 850-9319; Email: [email protected]
Tourism Works for Dahlonega &
Lumpkin Co., GA
About the research and presentation
Research & Data Sources• Study prepared for the Georgia Dept. of Economic
Development’s Division of Tourism, by the U.S. Travel Association, “2009 Travel Economic Impact on Georgia State, Counties and Regions,” Washington, DC
• Additional data from the U.S. Dept. of Commerce, U.S. Census Bureau Housing Units, Washington, DC
• Analysis by Dr. Steve Morse, Director & Economist, Tourism Institute, University of Tennessee, Knoxville, TN. (865) 850-9319; [email protected]
About the Report’s Author
Dr. Steve MorseDirector & Economist, Tourism Institute, University of Tennessee, Knoxville, TN
Steve Morse, Ph.D.Director & Economist. Tourism Institute, University of Tennessee
Knoxville, TN; Ph: (865) 974-6249; Email: [email protected]
Steve Morse, Ph.D., is an economist and director of the Tourism Institute at the University of Tennessee, in Knoxville, TN. Dr. Morse tracks and analyzes tourism spending patterns and impacts of tourism on area economies.
He is an associate professor teaching Hotel & Airline Revenue Management, Price Theory & Hotel Operations, and Tourism Economic Analysis. He earned his B.S. from the University of Georgia, and the Ph.D. from the University of Tennessee.