Brevard Business News

PETER CRANIS: Tourist Tax Collections Come in at Record $23.33 Million for Fiscal Year

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.  […]

Brevard Business News

PETER CRANIS: Brevard Tourist Development Council Approves Seven Sports Events for Fiscal Year 2022-23

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.  […]

Brevard Business News

PETER CRANIS: August Brevard County Tourist Development Tax Comes in at Record-Setting $1.823 Million

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. […]

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

TOURISM TALK: April Tourist Development Tax Numbers Strongest in Brevard County History

TDO EXECUTIVE DIRECTOR PETER CRANIS: The April Tourist Development Tax numbers have come in, and as expected, it exceeded April 2019 numbers 17 percent making it the strongest April in TDT history. The Tourist Development Tax year to date of $8.526 million is 38.6 percent ahead of budget ($6.150 million) and 3.1 percent ahead of the prior year ($8.271 million) which is the first time we are actually up over the 2019-20 fiscal year. […]