Agree fully. The figures are stark: The tourist accommodation sector only accounted for 0.3% of the Gross National Income (GNI), and employed 629 people in 2016. In that year an estimated 135,000 tourists stayed in paid accommodation on the island; in addition, almost 100,000 stayed with friends or family, and there were almost 60,000 business visitors including some day trippers.
The 2019 TT races attracted about 46,174 visitors to the Isle of Man for the TT, of which 64.9% had visited the TT previously. Most came by ferry not flights. On average visitors stayed for an estimated 6.8 nights and spent a total of £801 on their trip. This resulted in an estimated spend of £37.5 million, up from £37.1 million in 2018, allegedly contributing an estimated £27.1 million to the local economy.