In the future, CVB members will be given access to the MBACVB Business Intelligence Dashboard where you'll be able to see the latest business indicators and marketing results for the Grand Strand tourism and hospitality industry. Stay tuned for more information. In the meantime, you'll find the latest business intelligence news below. You'll also find results from the previous years here. Email requests or questions regarding any of the research below to email@example.com.
Along the Grand Strand, the peak of the tourist season occurs each year between the last two weeks of July and the first two weeks of August. The Center tracks lodging demand in two different ways. The business performance of the nightly rented hotels, condo-hotels and campsites (HC-HCs) is estimated with the assistance of lodging properties that voluntarily provide their daily performance records to the Center. The business performance of the weekly rented vacation rental properties (VRPs) is estimated by observing the booking status and advertised rental prices on the reservation websites of a scientifically random sample of rental properties. The table below reflects lodging demand during this period across the most recent six years.
Check out the latest update trends in Grand Strand area lodging performance from CCU.
During June 2018, a total of 308,809 passengers passed through the Myrtle Beach International Airport (MYR), an increase of 12.8-percent over June 2017.
In this issue of the Grand Strander, we will look at lodging industry performance results for the Grand Strand during the first half of 2018. Transient lodging occupancy and price for the first 24 weeks of 2018 compared with the equivalent dates of 2014-2018 are recapped.
Along the Grand Strand, tourism forecasters often look to the relative strength of lodging industry performance during the spring season as a potential leading indicator of the relative strength of the summer tourism season.
Did you ever wonder how our tourism tax dollars are spent? The Myrtle Beach area is one of the nation’s busiest tourist destinations with over 18 million visitors coming to the Grand Strand in 2016. Those tourists stay in our hotels and beach houses, eat at our restaurants, shop in our stores, and spend money at golf courses, attractions and more. Every purchase our tourists make are taxed. In fact, in 2016, tourists paid almost $323 million in taxes. Did you ever wonder how those taxes are spent? Watch the video to learn more.
With so much exciting news at the Myrtle Beach International Airport (MYR), Kirk Lovell shared a summary of the growth over the last few years. In 2013, Horry County Department of Airports (HCDA) developed and executed the Grand Strand’s air service development strategy. Since implementation momentum has been building.
CCU's Clay Brittain Jr. Center for Resort Tourism provides an update on the 2017-18 winter tourist season hotel occupancy for the Myrtle Beach area.
During February 2018, a total of 97,511 passengers passed through the Myrtle Beach International Airport (MYR), an increase of 9.3-percent compared to February 2017.
The moving 52-week average revenue per available lodging unit trend line of hotels, condo-hotels and campsites is currently near its long-term average rate of change