PETER CRANIS: The October Tourist Development Tax (TDT) has come in at $1.789 million – a record for the month of October, beating the previous two best Octobers (2021 at $1.47 million and 2019 at $1.12 million). This is 28% ahead of the previous October. October is the first month of our new fiscal year, so it begins the year well and sets the pace for Fall performance. […]
The Tourist Development Council and the Board of County Commissioners has approved seven sports events for the Fiscal Year 2022-23. Most recent research shows an average daily sports visitor spending of $92 per person with an average of 2.2 people per room. This would equate to a total visitor spending of $1.5 million or an ROI of 15.7:1. […]
The Tourist Development Council and the Board of County Commissioners has approved seven sports events for the Fiscal Year 2022-23. Most recent research shows an average daily sports visitor spending of $92 per person with an average of 2.2 people per room. This would equate to a total visitor spending of $1.5 million or an ROI of 15.7:1. […]
PETER CRANIS: August Tourist Development Tax (TDT) has come in at $1.823 million – a record for the month of August, making it the 17th consecutive month of “best month for that given month” results. While September has traditionally been the lowest month of the year, this has not been the case the last two years, and if we exceed last September’s $1.38 million, we will hit $23.1 million in total TDT for the year. […]
PETER CRANIS: We are going on 16 straight “best month ever” TDT numbers from April 2021 through July 2022…and are poised to launch our biggest fall marketing campaign ever at $1.5 million beginning the first week of October. […]
PETER CRANIS: Artemis helps round out what could be the strongest August in history and pushed Labor Day into new territory. The Artemis launch attempt on Monday, August 29 helped finish the month with a strong 93% occupancy rate the Sunday night prior. When compared to July 4th which also fell on a Monday – the Sunday night before was 82%. […]
PETER CRANIS: July Tourist Development Tax has come in at $2.276 million – a record for the month of July, making it the 16th consecutive month of “best month ever” results. This is 7.5% ahead of the previous high July which was $2.117 million last year. […]
PETER CRANIS: We just got our second quarter STR data and Room Night Demand was up nearly 5% over the prior year – 673,000 rooms rented. And year to date, we are up 19.3% to 1.4 million rooms. This puts us on our best pace of any year including 2019 which was the previous high. […]
PETER CRANIS: June Tourist Development Tax (TDT) has come in at $2.045 million – a record for the month of June, making it the 15th consecutive month of “best month ever” results. This is 9.3% ahead of the previous high June, which was $1.871 million last year. […]
During the last few minutes of Tuesday evening’s Brevard County Commission meeting, District 4 Commissioner Curt Smith made his wishes known to extend Brevard County Commission member term limits from eight to 12 years. […]
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. […]
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 […]
