North Carolina Golf Economic Summary Report
Economic
Impact of Travel & Tourism in Moore County
› State
travel expenditures exceeded $15.6 billion in 2009, supporting
over 183,700 full-time jobs. Travel and tourism is the second
largest private employer in the nation, employing 1 of every 17
jobs in
the United States.
› Moore County’s share
of these domestic tourism revenues was over $321 million in 2009.
› On average, that means in excess of $880,082 is pumped into the economy
via travel and tourism every day.
› Moore County currently ranks 11th in the state in total travel expenditures
of the 100 North Carolina counties (its population places it 32nd).
› Direct employment base required to support the travel industry in
Moore County is 4,840 people. The payroll of those employed in tourism
related jobs exceeds $77 million annually.
› Thousands of other Moore County residents indirectly depend on the
travel industry for their livelihood: retail merchants, financial
services, real estate firms, food and beverage vendors, construction
trades, etc.
› Visitor industry supports state
and local governments through payment of sales, real estate, income,
and accommodation taxes. In Moore
County, visitors generated $28.1 million annually in state and
local taxes, representing savings in excess of $1065 annually for every household
in Moore County.
› In the State of North Carolina and its 100 counties, Moore County
ranks third in total travel revenues generated per capita, meaning
that local government and its citizens rely heavily on travel revenues. Without tourism
support, many of the amenities in the county would not be available
for the residents to enjoy.
› It is vital that the Convention and Visitors Bureau, working in concert
with the local travel industry and business community, use every
available resource to maintain market-share of travel, and the valuable
dollars tourism provides the economy.
› Golf/Tourism Industry in Moore County
is --
› 43
courses—720
holes, which equates to total potential capacity (supply)
of 2.2 million rounds a year
(based on 300 playable days). |
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› Course make up is 64% semi-private, 21% public
and 15% private. |
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› Rounds played are 30% package, 23% public, 40%
member and 6% other. |
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› In 2009, a total of 1.0 million rounds were played
in Moore County. |
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› On average, 1.1 rounds of golf are played by each
visitor to Moore County. |
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› A major economic force, golf generated over $50
million in greens and cart fees in 2009, and is a major component
of 50% of the 1.1 million annual visitors to Moore County
each year. |
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› The tax value associated with the 23 golf courses, their clubhouse facilities and the accompanying real estate associated with the golf development was $6.51 billion in 2009 or 31.4% of the total tax value of Moore County, NC. |
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