Boldt Castle, a premier attraction in the 1000 Islands International Region, announced that a recent independent study estimates it to generate nearly $40 million annually in regional economic activity. Additionally, the historic site generates over 600 jobs in the regional economy. Commissioned by the Thousand Islands Bridge Authority, and completed in November 2015 by WSP | Parsons Brinckerhoff, Washington, DC, the report statistically identifies Boldt Castle’s economic impact.
Boldt Castle has become a recognized international destination and regional icon attracting nearly 200,000 visitors annually, providing sustainable economic benefits to the entire 1000 Islands International Tourism Industry.
The report quantifies the exact impacts Boldt Castle provides to the 1000 Islands International Region attributable to visitor spending, job creation, and annual spending by Boldt Castle, while positively impacting local sales tax revenues.
Since assuming ownership of historic Boldt Castle in 1977, the Thousand Islands Bridge Authority has long been committed to its preservation, improvements, and operations, while simultaneously fortifying the region’s tourism industry with future economic progress for decades to come.
Report Summaries (based on 2014 / 2015 season):
- Impact on Jobs: 604 jobs generated and maintained
- Local spending per visitor: $181 per average Boldt Castle visitor ($724 for a family of 4)
- Total Visitor Spending at Regional Businesses: $30.1 million in annual visitor spending
- Impact on Economic Output: Additional $39.9 million in annual economic output
- Impact on Gross Regional Product (GRP): Additional $23.1 million in annual GRP
Follow this link to view the report: