How Tourism and Industry Shape Life on the Isle of Wight

The Isle of Wight depends heavily on its visitor economy, which makes up a large share of local activity. Visit Isle of Wight has reported that more than 1.96 million visitors came between October 1, 2022 and September 30, 2023 and tourists spent around £280 million. The visitor economy is estimated to account for about 38% of the island’s overall economy, so tourism supports many jobs in hospitality and retail.

At the same time, manufacturing on the island has faced setbacks. Vestas, which runs a blade factory at Newport, warned that up to 300 jobs were at risk when it planned to change production. Ferry problems and higher costs have also made travel harder, and visitor numbers have fallen from pre-pandemic levels while spending has risen. The Isle of Wight Festival has remained profitable; accounts show the festival made a profit of £3.4m in 2024 despite a small drop in attendance.

Local leaders have sought to balance tourism with sustainable plans while businesses adapt. Although challenges remain, many firms are finding ways to attract higher-spending visitors and to offer new outdoor activities.