<img height="1" width="1" alt="facebook script" class="display-none" src="https://www.facebook.com/tr?id=1757630087861824&amp;ev=PageView&amp;noscript=1">
Skip to content

The Value of Tourism

“Our goal is to draw people here for that initial trip that will then create economic impact and create a place where residents prosper.”
Debbie Meihls, CDME, President & CEO of the New Smyrna Beach Area Visitors Bureau.

It All Starts with a Visit

Destination promotion is not just about attracting visitors; it's about cultivating a vibrant community where everyone thrives.

A landmark research report released by Destinations International entitled “Destination Promotion: A Catalyst for Community Vitality” shows the strong connection between destination promotion and community well-being and economic development.

The research demonstrates the far-reaching positive impacts of destination promotion, extending beyond the tourism industry to benefit the entire community. The cycle of destination promotion improves resident quality of life, supports government services, encourages workforce development, and builds a broad economic base. Visitors to a destination are more likely to choose the destination as a place to live, work and invest.

The Work of a Destination
Organization

*Destinations International, the world’s largest membership entity and resource for official destination organizations, commissioned Tourism Economics, an Oxford Economics company, along with Longwoods International, Clarity of Place, and MMGY NextFactor, to provide insights on the economic benefits of destination promotion.
image 5 (1)

The Impacts of the Visitor Economy Warrant Investments in Destination Promotion.

Rectangle 2 (7)
Research consistently demonstrates the measurable benefits of destination programs as they reach potential visitors, influence their choices, and drive additional visits and spending.
Rectangle 2 (8)
Increases in media spending have led to greater investment returns over the past decade, fueled by gains in marketing effectiveness.

The Dividends of Destination Promotion Extend Far Beyond the Benefits Accruing to Visitor-related industries and their suppliers.

Rectangle 3
Visitor spending significantly impacts industries outside of the leisure and hospitality sector, especially in other services-producing sectors.
Rectangle 2 (9)
On average, visitor spending produces additional sales in the destination that are almost 60% of direct spending.

Tourism Development has proven to influence quality of life and overall well-being of the community.

Group 47
Most residents’ value tourism as a direct contribution to their quality-of-life amenities.
Group 48
Destination organizations act as cultural custodians or stewards through intentional initiatives and programs.
Group 49
Destination organizations contribute to quality of life through event promotion, thoughtful placemaking, and attracting investment in additional amenities.
Group 50
Community stakeholders acknowledge the role of destination organizations in driving economic growth and boosting the overall community.

Amenities and lifestyle play an important role in attracting new residents to a community.

Rectangle 2 (10)
Talent is attracted to destinations that offer a good quality of life. Hence, talent attraction initiatives led by or in collaboration with destination organizations tend to have the greatest impact.
Rectangle 2 (11)
Destination organizations contribute to workforce development through specialized programs.
Rectangle 2 (12)
Workforce diversity is highly correlated with the size of the leisure and hospitality sector in a destination.




Revenues generated by visitors either directly or indirectly support government services.

Rectangle 2 (13)
Government services and community programs are impacted by tax revenues supported by visitor spending and the advocacy role played by destination organizations that are attentive to the long-term needs of the destination.
Rectangle 2 (14)
A significant share of residents appreciates that the taxes paid by visitors help offset their own tax bill.


Growth in the visitor economy drives growth in other areas of the economy.

Group 51
Destinations with a higher concentration of visitor-related industries have tended to grow faster than average over the past decade.
Group 52
Econometric tests show that employment shifts in the visitor economy are followed in subsequent years by sustained changes in growth in other parts of the economy.
Group 53
A 10% increase in a destination’s visitor-related employment relative to the U.S. average tends to be followed by a 2.5% rise in broader employment in the short run.
NSB-9664 - NSB Logo NoWave WHT-2
NSB-9664 - NSB Logo NoWave WHT-2
New Smyrna Beach Area Visitors Bureau is accredited by the Destination Marketing Accreditation Program (DMAP) of Destinations International.