Visitors Contribute Nearly $620 Million to the Local Economy in 2017

Irvine, Calif., May 2018 - Destination Irvine released statistics from the 2017 Visitor Impact report conducted specifically for Irvine by Dean Runyan Associates. In 2017, traveler expenditures for Irvine came to an estimated $619 million, an increase of just over one percent over 2016, far exceeding the rate of growth in preceding years due to increased visitation. The travel industry contributed $34 million in local and state taxes.

“Destination Irvine’s marketing and sales initiatives play a strategic role in bringing more than one million visitors, whether conference attendees, leisure travelers or those attending a sporting event, to Irvine,” said Bryan Starr, President/CEO, Greater Irvine Chamber of Commerce. “Through these efforts and the partnership of Irvine’s 21 hotels, tourism spending is further enhanced, resulting in an increase in economic impact to the community.”

The travel industry supported 5,790 Irvine jobs and was responsible for adding $227 million in wages to the local economy.

It is estimated that without visitor spending, resident households in Irvine would each pay $380 more a year in state and local taxes.

Irvine’s major visitor spending categories are as follows:

 

Spending Categories

Percent of Total Spending

Spending in Irvine

($ Millions)

Accommodations 

29%

        $177

Food & Beverage Services

23%

        $145

Arts, Entertainment & Recreation

23%

        $142

Retail

18%

        $114

Transportation

7%

        $41

Total Spending in 2016

100%

        $619

Destination Irvine Posts Impressive Start to Fiscal Year 

In the first nine months of fiscal year 2017-2018, the Destination Irvine sales team has secured more than $5.5 million in meeting and sports business for Irvine, a 64% increase over the same period of 2016-2017.

Irvine Consistent with State Tourism Economic Impact

Statewide, travelers spent a record $132 billion in 2017.

“2017 marked the eighth straight year of growth for California’s tourism industry,” said Visit California President and CEO Caroline Beteta. “Last year's growth is a testament to the strength of the California brand at home and abroad, and the strong dividends that tourism marketing delivers back to California's economy."

These numbers are estimates from the Irvine Visitor Impact Report, Calendar Year 2017, 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 www.destinationirvine.com/tourism

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Contact:
Wendy Haase, Director of Tourism Marketing
Destination Irvine

949-502-4112
Wendy@destinationirvine.com