< Back

Tourism Spending On The Rise For Radius Indiana

3/8/2017 12:00:00 AM

BEDFORD, Ind. (March 8, 2017) —Tourism is thriving in the Radius Indiana region, according to a newly released study by market research firm Rockport Analytics. The study shows visitor spending totaling $271.6 million, marking a 13 percent increase from the previous year and a regional economic impact of $198 million.

The study compared tourism data during a two-year period for Crawford, Daviess, Dubois, Greene, Lawrence, Martin, Orange and Washington counties and reports that nearly 5,000 area residents are directly employed in tourism, making it the 7th largest industry in the region.

“Tourism is not only good for the local economy in the Radius Region, but also has many other benefits for the community. A booming tourism industry also helps create a healthy job market and puts dollars into our school systems. Moreover, it helps to relieve the tax burden of households in the region,” said Radius Indiana President and CEO Jeff Quyle.

The study was commissioned by the Indiana Office of Tourism Development and Radius Indiana and is the first-ever analysis of the economic impact of tourism for Radius. It shows that the region outpaced the state’s growth in tourism spending by 5 percent and has a nearly 2.5 percent share of overall tourism spending in Indiana.

“I applaud Radius Indiana for undertaking this study to establish a baseline of tourism’s impact for their area,” said Mark Newman, executive director of the Indiana Office of Tourism Development. “This region is an asset-rich part of the state and has some of the state’s most important historical sites within just miles of one another. This data will help us to better support the region as we work together to develop tourism strategies for the state.”

Radius Indiana facilitates a regional tourism advisory council, and the group will use the study to create new initiatives that will support this vital part of the local economy.

“The data shows us that 73 cents of every $1 spent on tourism stayed in the local economy and saves our taxpayers about $359 per year in taxes — money that stays in the region stimulates our communities and promotes vitality and growth,” said Quyle.

Highlights of the study include Orange County, home to French Lick Resort and Casino and historic West Baden, with the largest amount of tourism spending for the region and coming in at No. 2 for the state in spending per capita; Washington County recorded a 30 percent increase in tourism spending during the study period, ranking it as the No. 1 county in the state for tourism spending growth.

ABOUT RADIUS INDIANA: Radius Indiana is a regional economic development partnership representing eight counties in Southern Indiana: Crawford, Daviess, Dubois, Greene, Lawrence, Martin, Orange, and Washington. Formed in 2009, Radius Indiana also serves as a point of contact in Indiana for Naval Support Activity Crane and leads regional collaboration by leveraging the diverse assets of Southwest Central Indiana to drive attraction, retention and expansion of business, thereby increasing employment and investment opportunities and quality of life within the region.

###


Latest News
BEDFORD, Ind. (March 15, 2017) -- Radius Indiana continues its focus on attracting, retaining and expanding businesses in the eight-county region. We work closely with our local economic development organizations to monitor projects, pursue new business leads and conduct outreach to site selectors and companies looking to relocate or expand. During 2016 Radius staff, along with some of our LEDOs, traveled to Cincinnati, Louisville, Indianapolis, Cleveland, Pittsburgh, Evansville, Columbus, Chicago and New York to raise awareness about doing business in the Radius region.
BEDFORD, Ind. (March 10, 2017) — Radius Indiana saw record attendance this week at its annual stakeholders luncheon at the French Lick Resort. Nearly 150 attendees gathered to learn about the organization’s accomplishments from the past year and to hear about initiatives and key focus areas for 2017.
BEDFORD, Ind. (March 8, 2017) —Tourism is thriving in the Radius Indiana region, according to a newly released study by market research firm Rockport Analytics. The study shows visitor spending totaling $271.6 million, marking a 13 percent increase from the previous year and a regional economic impact of $198 million.
BEDFORD, Ind. (March 1, 2017) — Radius Indiana’s inaugural economic development course scheduled for March 28-30 at the French Lick Resort is sold out and the waitlist for additional registrants continues to grow.
Bedford, Ind. (Feb 27, 2017) — Radius Indiana and a representative from the Indiana Economic Development Corporation traveled to Greenville, S.C. last week to meet with site selectors and share the advantages of doing business in the Radius region. The organization is continuing its successful outreach program that began last year.
BEDFORD, Ind. (Feb.13, 2017) — Radius Indiana released the First Quarter 2017 Radius Manufacturing Index (RMI.) The index shows that the manufacturing sector continues to remain strong in the eight-county region, as growth continues at a moderate pace.
Radius Indiana today announced its new regional economic development conference for community leaders coming to the French Lick Springs Resort in March 2017. 
SEE MORE
Our Latest Blog
Jan. 13, 2017
Crane Army Ammunition Activity is the stalwart at Naval Support Activity Crane. Long before the creation of Radius Indiana, the economic development partnership working to expand, retain and attract business in southern Indiana, Crane was providing jobs and growing the economy in our region.
 
By Matt Craig, Radius Indiana director of Crane Community Support
SEE MORE
CONTACT US AT:
1504 I Street, Bedford, Indiana 47421
(812) 277-9778  Fax: (812) 277-9788

© Copyright 2016 | Radius Indiana . All rights reserved