Research & Statistics

Horry County, the Engine for the State's Economy

Horry County, the Engine for the State's Economy

Business leaders and elected officials from Horry County often point out how important our local economy is to the overall state economy. Legislators from around the state know that Horry County is helping pay for the projects their constituents depend on. So, with the help of our Business Intelligence Officer, we crunched the numbers. There’s no need to speculate, Horry County is the engine for the state’s economy. Here are the facts:

Myrtle Beach Area Average Lodging Industry Performance in 2018

Myrtle Beach Area Average Lodging Industry Performance in 2018

Annual research results for the Brittain Center’s voluntary sample of hotel, condo-hotel, and campsites (HC-HCs) in the Myrtle Beach area are reported in the table below, along with the results of the Center’s scientifically random sample of weekly-rented vacation rental properties (VRPs), during the most recent six years.

Storms Impact Occupancy, Again, During Early Fall 2018

It was pointed out by researchers on this page last year, though it now seems like an understatement to say, that fall can be a tricky season for lodging businesses along the Grand Strand. During years 2013 and 2014 no named stormed passed near the Carolinas, but during 2015, 2016, 2017 and 2018, the area experienced major disruptions stemming from Hurricanes Joaquin, Matthew, Irma, and Florence respectively. Read more about this latest impact to the Myrtle Beach area.