SALES NEWS: Big rise in Exeter’s visitors give economic boost to housing market
There has been a significant rise in the number of visitors to Exeter and the amount they spend – a sign of economic well-being that means a strengthening housing market, too.
Data from the South West Research Company, a business consultancy, shows that in 2015 the number of UK visitors to the city rose five per cent over the previous year’s total to 423,000; they spent 12 per cent more than in 2014 too.
There was even better news about overseas visitors – they increased 12 per cent to 631,000.
The growing reputation of Exeter Chiefs rugby club and the international success of Exeter University are given as two of the main reasons for the growth in visitors.
More recent developments such as the Guildhall Shopping and Dining Quarter are expected to keep the 2016 figures high, according to the consultancy.