Brevard Business News

WATCH: Brevard County Commissioners Kristine Zonka, Rita Pritchett and Curt Smith Vote To Approve Grant To Hotel Developer Driftwood Capital

In an unprecedented action, and seemingly against the vast majority of Space Coast citizens, the Brevard County Commissioners Kristine Zonka, Rita Pritchett and Curt Smith voted to approve a $30 million grant to Driftwood Capital, which is a Cocoa Beach hotel developer. Commissioner John Tobia was the lone vote against the request. […]

Brevard Business News

PETER CRANIS: Brevard’s Destination Hotels Have Seen Strong Comeback Following COVID Pandemic

PETER CRANIS: May Tourist Development Tax has come in and the numbers came in at $1.979 million – a record for the month of May. This is 41% ahead of the previous high May which was $1.652 million. As we have talked about, we have been breaking records for every month and May was no exception, making it the 14th consecutive month for record TDT for that given month […]

Brevard Business News

PETER CRANIS: May Tourist Development Tax Comes in at Record-Breaking $1.979 Million

PETER CRANIS: May Tourist Development Tax has come in and the numbers came in at $1.979 million – a record for the month of May. This is 41% ahead of the previous high May which was $1.652 million. As we have talked about, we have been breaking records for every month and May was no exception, making it the 14th consecutive month for record TDT for that given month […]

Brevard Business News

PETER CRANIS: Tour Operator, Airline TUI Arrival in Brevard Marks Significant Milestone

PETER CRANIS:  By now you may have heard the name TUI (pronounced too-ee) bantered about. The significance of this tour operator and airline that is flying visitors in from the United Kingdom cannot be underemphasized. The economic impact of the 150,000 or so passengers it plans to bring in its first year of operation could amount to over $20 million conservatively. […]

Brevard Business News

PETER CRANIS: February Tourist Development Tax Revenues are Best in History at $2.297 Million

We now have our February Tourist Development Tax numbers. The final number was an incredible $2.297 million – a 80% increase over February, 2020 and a 32% increase over February 2019, making it not only the best February in history (the 11th consecutive record month in a row), but the best month of Tourist Development Tax collection ever. […]