visitor spending

Visitor spending refers to the money that travelers spend while visiting a location, such as on hotels, restaurants, transportation, entertainment, and shopping. This expenditure supports local businesses, creates jobs, and boosts the economy. The total amount spent by visitors is an indicator of the destination’s attractiveness and economic health. Effective management and marketing can increase visitor spending, leading to more revenue for the community. It’s a key measure used by local governments and tourism agencies to assess the impact of tourism and plan for future growth.