Key findings of the Northern Rivers Rail Trail Tweed Section Economic Impact Assessment Report show:
The Tweed section has attracted significant visitor spending, driving a 15.7% average increase in monthly spend compared to the previous year and stimulated growth in unique visitors (+23% year-over-year) and visitor transactions (+19% year-over-year).- Businesses along the trail reported increased visibility, foot traffic and in many cases, higher revenues in both Murwillumbah and less-frequented hinterland villages.
- The total value of visitor spend has increased by $3.717 million compared to the previous year. This far exceeds the anticipated boost of $2.45 million that was forecast.
- The local economy should expect an additional $114.3 million in visitor expenditure flowing into the Tweed LGA over the term of the rail corridor lease (30 years) – representing a 54% increase over the originally anticipated boost to the local visitor economy.
You can download the Northern Rivers Rail Trail Tweed Section Economic Impact Assessment Report here.
