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Record tourism numbers for Coventry

Fri Jun 16, 2023 4:01 am

Record tourism numbers for Coventry

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Tourism in Coventry enjoyed a record year in 2022 as the value of the visitor economy in the city soared to £750.86 million and recovered to surpass pre-pandemic levels.

The visitor economy broke the previous record set in 2019 and saw growth in visitor numbers as 11.05 million people flocked to the city – a one million increase on 2019 and near three million on 2021.

Visitor spend figures have shown a £250 million increase on 2021, which were below pre-pandemic levels, but also a 26.3 per cent (£156.5 million) increase on 2019.

Key events including Radio 1’s Big Weekend, Coventry’s City of Culture celebrations and the Birmingham 2022 Commonwealth Games have been identified as drivers for the growth – with visitor numbers peaking in May and August.

This has been revealed in an economic impact report on tourism in the city, which was commissioned by destination management organisation, Destination Coventry, in partnership with West Midlands Growth Company.

The report has been formulated by Global Tourism Solutions using its STEAM (Scarborough Tourism Economic Activity Monitor) model.

The number of full-time equivalent jobs supported by the sector has also risen since 2019, from 6,760 to 7,354. The report also revealed there are a further 755 accommodation beds in the pipeline, across eight new developments, to accommodate for overnight stay visitors to the city.

The results showed that overnight spend per visitor has grown to £224.74 and day visitor spend to £46.18, while the percentage of overnight visitors grew by one per cent to 12 per cent.

Coventry has seen percentage growth in visitor numbers of nearly double the wider West Midlands region, and experienced an economic impact boost of 26.3 per cent compared to 7.3 per cent of the area covered by the West Midlands Combined Authority (WMCA).

Coventry is ahead of targets set in the city’s tourism strategy across a range of key metrics, including already exceeding 2023’s target for visitor numbers.

The figures reflect the first full year of operations for Destination Coventry, which includes brands Visit Coventry and Conference Coventry and Warwickshire, after being launched in 2021.

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Re: Record tourism numbers for Coventry

Fri Jun 16, 2023 4:03 am

The results showed that overnight spend per visitor has grown to £224.74 and day visitor spend to £46.18, while the percentage of overnight visitors grew by one per cent to 12 per cent.

:rolling:

Re: Record tourism numbers for Coventry

Fri Jun 16, 2023 10:33 am

It's all smoke, mirrors and guesses. :fuming:
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