ABSTRACT

Heritage sites attract many visitors each year. However, the revenue collected in entrance charges does not represent the total benefit provided by heritage sites. Some visitors value their visit more than the entrance charge; some decline to enter at the price but are willing to pay something to enter; other people derive utility from the contribution of heritage buildings to the landscape; whilst others benefit from the knowledge that the heritage sites are being preserved for future generations. For one heritage site, Warkworth Castle in Northumbria, benefits received by those entering the castle were estimated to be more than twice the financial revenue derived from entrance charges. This would suggest funding for heritage sites should not be determined by visitor numbers alone. However, as benefits derived in terms of recreational enjoyment and educational value from the site were estimated to be larger than their non-use benefits or preservation value, this suggests that access to such sites is an important determinant of heritage value.