Scottish self-catering worth £723.3 million per annum!
Created: April 21, 2017
Posted in: Uncategorized
The Association of Scotland’s Self-Caterers is delighted to publish a major study, which measures the Economic Impact of the Self-Catering sector in Scotland.
The evaluation, carried out by Frontline Consultants, reveals the economic impact of all visits made to self-catering providers in Scotland, and provides an area by area breakdown of this expenditure. It:
- assesses expenditure by property-owners and managers, and visitors in the local economy;
- provides an independent, evidence-based, understanding of the direct and indirect economic impact/contribution of the self-catering sector in Scotland;
- assesses the full-time equivalent jobs supported by the sector.
The study indicates that there are 16,949 self-catering holiday let properties in Scotland. The self-catering sector represents 3.4million visitor nights per year (1.8million non-Scottish visitors). There is an annual £723.3 million direct visitor spend (£470.1 million from non-Scottish visitors) and Scottish self-catering supports 10,725 direct FTE jobs.
The findings provide evidence of the value of the self-catering sector to the Scottish economy and heightens the recognition of the sector as an essential part of the tourism mix and economic growth.