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This report, presented to the Collier County Board of County Commissioners, outlines the economic impact of tourism in Collier County for the year 2005. Featuring data on visitor origins from various regions, quarterly visitor estimates, expenditures, and impacts of tourism, it provides a thorough analysis of the county's tourism performance. Notable findings include visitor trends across Northeast and Midwest markets, and overall annual expenditures reaching $713 million. The report is instrumental for understanding tourism dynamics and forecasting future trends.
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Collier County Tourism Research 2005 Economic Impact Presented to: The Collier County Board of County Commissioners By: Research Data Services, Inc. January 30, 2006
Northeast Opportunity Markets (Exploratory) Midwest WA ME MT ND VT NH OR MN MA WI NY ID SD MI NJ WY PA DE IA NE OH MD NV IL UT IN WV VA CO KS MO KY CA AK NC TN OK AR SC AZ NM Southeast GA MS AL TX LA Florida FL HI United State Regions
Occupancy 2005 Annual Survey Base:Estimated 8,607 rooms
Average Daily Room Rate2005 Annual Survey Base:Estimated 8,607 rooms
Number of Visitors2005 Estimates 2005D % • Quarter 1 524,998 +3.2 • Quarter 2 337,806 +1.8 • Quarter 3242,581 -9.1 • Quarter 4310,390 -8.8 • Annual1,415,775 -2.2
Expenditures2005 Estimates 2005D % • Quarter 1 $280,778,883 +12.4 • Quarter 2 195,490,545 +5.4 • Quarter 3 92,163,415 -6.6 • Quarter 4 144,935,745 -1.6 • Annual $713,368,588 +4.7
Impacts of Tourism2005 Estimates Direct & Induced 20042005 • Quarter 1 $372,442,550 $418,641,315 • Quarter 2 276,538,214 291,476,403 • Quarter 3 147,180,786 137,415,652 • Quarter 4 219,564,167 216,099,196 • Annual$1,015,725,717 $1,063,632,566
Management Barometer Reservation Outlook for First Quarter 2006
Management Barometer Expectations for First Quarter 2006