Tourism boost for the Newport economy
Posted on Tuesday 12th July 2016
Tourism in Newport last year had an economic impact of more than £286 million - a rise of 8.3 per cent on 2014, according to the latest tourism figures.
More people visited the city (2.69 million, up 4.6 percent) and with the numbers for day visits and stays also rising by 3.3 per cent and 8.7 per cent respectively.
An independent activity model, called STEAM which is used by all councils in Wales also showed that the number of jobs in the tourism industry rose by 9.2 per cent to 3,124 (full time equivalent).
Councillor John Richards, Newport City Council's Cabinet Member for Regeneration and Investment, said: "These latest figures demonstrate that tourism has again grown in the city and makes a significant contribution to the local economy.
"Business tourism is an important element of the industry and the council has supported the development of the Wales International Convention Centre. It is forecast that it will benefit 1,200 bed spaces in our hotels and guest houses."
Between 2012 and 2014, there were more than 15,700 overseas business tourism visits on top of 69,000 such visits from the UK (Blue Sail south east Wales's research study 2015/16).