Economic Impact Projections
· The trail will make Raystown Lake a year-round destination by expanding the lake’s recreation season from the summer months only to the other three seasons.
· We expect to attract an additional 9,800 additional visitors each year.
Ø 77% will be day trippers
Ø 23% will be multiple day guests
· The additional visitors are expected to bring an additional $1,254,188 per year to Huntingdon County.
· Day Trippers are expected to spend an average of $98.00 per trip including:
Ø $29 on food & drinks
Ø $38 on transportation
Ø $14 on recreation and entertainment
Ø $17 on souvenirs
· Overnight Guests are expected to spend an average of $227 per trip including
Ø $55 on food & drinks
Ø $57 on transportation
Ø $19 on recreation and entertainment
Ø $17 on souvenirs
Ø $79 on lodging
Source: IMPLAN Economic modeling based on data collected by the Outdoor Industry Foundation and Allegheny Great Passage Economic Impact Study
Mountain Biking
Economic Impact Facts
· 1 in 5 Americans 16 years old and older mountainbike
· Like camping and fishing, cycling is an activity that strongly affects a kid’s decision to become active in outdoor recreation.
· There are 50 million mountain bikers in America, 1 1/3 times the population of Canada.
· Sports/Adventure tourism is the fastest growing sector in the tourism industry and mountain biking is one of the topped ranked adventure activities.
Source: 2008 Economic Benefits of Mountain Biking Commissioned by Shimano & IMBA.
· More Americans owe their job to bicycle based recreation than there are people employed as lawyers.
· The Middle Atlantic Bicycling Recreation Economy including NY, NJ & PA
Ø Contributes $4.8 billion to the regional economy annually
Ø Support 44,000 jobs
Ø Generates more than $623 million in annual sales and federal tax revenue
Ø Produces nearly $3.8 billion annually in retail sales and services
Ø $677 million in bicycling gear and services
o $3.1 billion in bicycling trip related expenses.
o More than 8 million bicyclists or 26% of the adult population
Soure: The Active Outdoor Recreation Economy produced by Outdoor Industry Foundation 2006.
Profile of a Mountain Biker
· 86% are male
· 69% are between the ages of 20 and 39
· 50% have household incomes of $75,000+
· 35% are married with children
· 31% are married without children
· 34% are single
· 50% consider themselves advanced or intermediate riders
· 70% have post secondary degrees
· 33% belong to a bicycle club
· 60% own a bike that is valued between $1,000 and $3,000
41% stay overnight when they travel to mountain bike
· 59% are day trippers
Sources: Travel Patterns of Destination Mountain Bikers 2003
Michigan Mountain Bike Association/ Central Michigan University 2001-2002
Universty of Wisconsin Mountina Bike Study 1999