Cambridge Model Economic Impact Study 2023

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About the study

These are some of the key stats from the Cambridge Model Economic Impact Study 2023, which looks at the volume and value of tourism to the destination. This research is carried out every two years.

More information

Read the full Cambridge Model Economic Impact Study 2023
Previous Impact Studies

Thanet's visitor economy

This infographic summarises the volume and value of tourism and the impact of visitor expenditure on the local economy in 2023. It provides comparative data against previously published data. The results are derived using the Cambridge Economic Model under licence by Destination Research Ltd. The 2023 economic impact results show a significant recovery in volume of trips and related expenditure, compared to 2021.

4.6
m
visitors
3.49
m
value
8,257
jobs
£
349
million

Value of tourism

4.9
million visitors

Volume of tourism

8257
million visitors

Tourism jobs

Purpose of trip to Thanet

51
%

Holiday

Those on holiday stay 3.5 nights in the area and spend £269.64 for the duration of the trip.

8
%

Business

Those on business stay 2.8 nights in the area and spend £312.57 for the duration of the trip.

34
%

Visiting friends and relatives

Those visiting friends and relatives stay 2.9 nights in the area and spend £117.69 for the duration of the trip.

7
%

Other purposes

Including overseas study visits

2021 - 2023

Increase in trips

Increase in value

Increase in jobs

Three females sat on bench in park talking and eating

Direct expenditure

Blue outline graphic of a hotel

Accommodation:

£40M

Retail:

£86M

Blue outline icon drawing of drink and burger

Food and drink:

£87M

Blue outline graphic of two theatre masks

Entertainment:

£34M

Blue cartoon line drawing of train front

Transport:

£22M

Visitor breakdowns

Overnight visitors

486,300 visitors
2.0 million nights
£122.1 million value

Domestic visitors

315,000 visitors
0.8 million nights
£54.6 million value

Overseas visitors

171,300 visitors
1.1 million nights
£67.5 million value

Day visitors

4.1 million visitors
£163 million value

Kent's visitor economy

This infographic summarises the volume and value of tourism and the impact of visitor expenditures on the local economy in 2023. It provides comparative data against previously published data. The results are derived using the Cambridge Economic Model under licence by Destination Research Ltd. The 2023 economic impact results show a significant recovery in volume of trips and related expenditure compared to 2021.

66
m
visitors
4.1bn
m
value
77,854
jobs

Kent's performance (2021 - 2023)

Increase in trips

Increase in value

Increase in jobs

Purpose of trip to Kent

43
%

Holiday

Those on holiday stay 3.6 nights in the area and spend £236.26 for the duration of the trip.

11
%

Business

Those on business stay 2.9 nights in the area and spend £273.17 for the duration of the trip.

42
%

VFR

Those visiting friends and relatives stay 3.1 nights in the area and spend £112.58 for the duration of the trip.

4
%

Other purposes

Including overseas study visits.

Value and volume

Tourism jobs

Blue outline graphic of a hotel

Accommodation:

7,428

Retail:

14,854

Blue outline graphic of two theatre masks

Entertainment:

6,482

Blue cartoon line drawing of train front

Transport:

3,198

Blue outline icon drawing of drink and burger

Food and drink:

24,039

Other:

4,378

Direct expenditure

Blue outline graphic of a hotel

Accommodation:

£302M

Retail:

£1,016M

Blue outline graphic of two theatre masks

Entertainment:

£349M

Blue cartoon line drawing of train front

Transport:

£274M

Blue outline icon drawing of drink and burger

Food and drink:

£1,020M

Visitor breakdowns

Overnight visitors

4.5 million visitors
15.4 million nights
£884 million value

Domestic visitors

3.3 million visitors
9.2 million nights
£540 million value

Overseas visitors

1.2 million visitors
6.2 million nights
£344 million value

Day visitors

61.5 million visitors
£2.3 billion value

According to American Express, 74% of travelers say they have spent more with a destination or brand because of a history of positive customer service interactions.