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The Economic Impact of Tourism in Missouri Fiscal Year 2016 Summary December 2016
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Page 1: The Economic Impact of Tourism in Missouri · 2018-06-19 · 3 Headline results Tourism in Missouri generated a $16.5 billion impact in FY2016, an increase of 3.6% from FY2015. This

The Economic Impact of Tourism in Missouri

Fiscal Year 2016 Summary

December 2016

Page 2: The Economic Impact of Tourism in Missouri · 2018-06-19 · 3 Headline results Tourism in Missouri generated a $16.5 billion impact in FY2016, an increase of 3.6% from FY2015. This

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Introduction and definitions

This study measures the economic

impact of tourism in Missouri in FY2016.

Visitors included travelers from Missouri

and other states who came from a

distance greater than 50 miles and/or

stayed overnight.

The impact of tourism includes direct

spending, the indirect (supply-chain)

effects, and induced (income) effects.

Impacts were measured in terms of

employment, income, gross output

(business sales), and tax revenues.

Page 3: The Economic Impact of Tourism in Missouri · 2018-06-19 · 3 Headline results Tourism in Missouri generated a $16.5 billion impact in FY2016, an increase of 3.6% from FY2015. This

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Headline results

Tourism in Missouri generated a $16.5 billion

impact in FY2016, an increase of 3.6% from

FY2015. This economic impact is based upon

the spending of an estimated 41.7 million

visitors to Missouri.

Visitor expenditures in tourism-related

industries such as hotels/motels, attractions,

restaurants, etc. (as defined in state statutes)

were $13.1 billion in FY16 – a 5.1% increase

over FY15.

Domestic overnight visitors spent an average

of $99 per person per day, day trippers spent

an average of $89 per person, and the overall

average was $98 per person per day.

Tourism in Missouri generated $1.4 billion in

local and state tax revenues in FY2016.

Including federal taxes, tourism generated $2.4

billion including federal tax revenues, 2.8%

more than in FY2015.

Page 4: The Economic Impact of Tourism in Missouri · 2018-06-19 · 3 Headline results Tourism in Missouri generated a $16.5 billion impact in FY2016, an increase of 3.6% from FY2015. This

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Headline results

Tourism-related industries in FY2016

provided 307,937 jobs in Missouri for a 3.6%

increase over FY2015.

Approximately 8.3% (1 in 12) of all jobs in

the state were in tourism-related industries.

Nearly two-thirds of visitors stayed overnight

(65.4%) and 85.9% came for leisure.

27% of visitors came in Fall, 25.9% in

Spring, 24.0% in Summer, and 23.1% in

Winter.

Just over 43.2% of Missouri’s tourism is from

within the state, 1.6 percentage points less

than a year earlier.

Visiting friends and family. shopping,

sightseeing, and fine dining are common

activity for Missouri visitors.

Page 5: The Economic Impact of Tourism in Missouri · 2018-06-19 · 3 Headline results Tourism in Missouri generated a $16.5 billion impact in FY2016, an increase of 3.6% from FY2015. This

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Visitor characteristics

Leisure visitors account for 86% of total visitors. While 42% of visitors come

to see friends and family, 44% engage in other pleasure activities in the state.

Most visitors (85.1%) travel to destinations in the state using their own

vehicle. A total of 93.0% of visitors arrive by some form of ground

transportation.

VFR

41.7%

Outdoor Rec6.2%

Entertainment12.6%

Other pleasure25.4%

Business14.2%

Primary Purpose of Trip to MissouriFY2016

Sources: TNS, Tourism Economics

Total leisure85.9%

Own vehicle85.1%

Rental car3.8%

Camper/RV0.5%

Other ground3.6%

Air7.0%

Primary Mode of TransportationFY2016

Sources: TNS, Tourism Economics

Total ground transportation

93.0%

Page 6: The Economic Impact of Tourism in Missouri · 2018-06-19 · 3 Headline results Tourism in Missouri generated a $16.5 billion impact in FY2016, an increase of 3.6% from FY2015. This

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Source markets

Missouri’s tourism is primarily regional and nearly half (43.2%) of all visitors come from

within the state. Neighboring states are also key source markets.

By Destination Marketing Area (DMA), larger metro areas are the key source markets.

Destinations in the list of top source markets last year but not this year include New

York and Virginia, which were replaced by Utah and Mississippi.

0 1 2 3 4 5 6 7 8 9 10 11

GeorgiaMississippiMinnesotaColorado

FloridaIowa

TennesseeUtah

NebraskaIndiana

CaliforniaOklahoma

TexasArkansas

KansasIllinois

Top Source Markets by State

Sources: TNS, Tourism Economics

FY2016, % of total visitors, Missouri = 43.2% of the total

Dark blue indicates border states

0 4 8 12 16 20

Oklahoma City

Little Rock-Pine Bluff

Salt Lake City

Dallas-Ft. Worth

Chicago

Wichita-Hutchinson Plus

Jonesboro

Joplin-Pittsburg

Tulsa

Topeka

Columbia-Jefferson City

Paducah-Cape Girardeau

Springfield, MO

Kansas City

St Louis

Top Source DMA Regions

Sources: TNS, Tourism Economics

FY2016, % of total visitors

Dark blue indicate in-state DMAs

Page 7: The Economic Impact of Tourism in Missouri · 2018-06-19 · 3 Headline results Tourism in Missouri generated a $16.5 billion impact in FY2016, an increase of 3.6% from FY2015. This

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Map of top source markets by state

Missouri Source

Markets by Shares

1.0% to <1.6%

More than 7.0%

1.6% to <3.0%

3.0% to <7.0%

Less than 1.0%

TX1.91 mil

4.6%

KS3.53 mil

8.6%

MO17.83 mil

43.2%

IL4.12 mil10.0%

OK1.73 mil

4.2%

AR2.45 mil

5.9%

CO0.57 mil

1.4%

CA1.08 mil

2.6%

NE0.80 mil

1.9%

MN0.46 mil

1.1%

IA0.64 mil

1.6% IN0.82 mil

2.0%

OH0.28 mil

0.7%

PA0.23 mil

0.6%

NC0.26 mil

0.6%

TN0.64 mil 1.6%

FL0.59 mil

1.4%

NM0.18 mil

0.4%

KY0.13 mil

0.3%

WI0.13 mil

0.3%

AZ0.15 mil

0.4% GA0.39 mil

0.9%

MI0.28 mil

0.7%

UT0.70 mil

1.7%

MS0.39 mil

0.9%

Page 8: The Economic Impact of Tourism in Missouri · 2018-06-19 · 3 Headline results Tourism in Missouri generated a $16.5 billion impact in FY2016, an increase of 3.6% from FY2015. This

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US market shares by state

Missouri captured 2.1% of all US visitation in FY2016 and ranked 19th

of all states.

0 1 2 3 4 5 6 7 8 9 10

IndianaMissouri

South CarolinaColorado

New JerseyNevadaArizona

WisconsinIllinois

VirginiaAlabama

OhioMichigan

North CarolinaGeorgia

PennsylvaniaNew York

TexasFlorida

California

US Market Shares for Top 20 States

Sources: TNS, Tourism Economics

FY2016, %

All others = 31.4%

Page 9: The Economic Impact of Tourism in Missouri · 2018-06-19 · 3 Headline results Tourism in Missouri generated a $16.5 billion impact in FY2016, an increase of 3.6% from FY2015. This

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Missouri’s market share by state

Missouri captures more than 13% of all outbound visitors from Kansas

and nearly 13% of Arkansas visitors.

In FY2016, Missouri captured a greater share of outbound visitation

from Arkansas, Oklahoma, Nebraska, and Illinois versus FY2015.

0.91.3

1.5

1.5

1.7

2.1

2.7

2.9

3.2

3.3

6.7

8.98.9

12.6

13.1

0 2 4 6 8 10 12 14 16

Tennessee

New Mexico

Texas

Minnesota

Colorado

Mississippi

Utah

Indiana

Washington D.C

Iowa

Illinois

Nebraska

Oklahoma

Arkansas

Kansas

Missouri's Market Share by State

Sources: TNS, Tourism Economics

FY2016, % of total outbound visitors from each state

Page 10: The Economic Impact of Tourism in Missouri · 2018-06-19 · 3 Headline results Tourism in Missouri generated a $16.5 billion impact in FY2016, an increase of 3.6% from FY2015. This

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For more information:

[email protected]

To reach the Missouri Division of Tourism Research Team:

Dee Ann McKinney, Research Director : [email protected]

Lorinda Cruikshank, Research Analyst: [email protected]


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