Brevard Business News

Florida’s Space Coast is a Premier Destination for Tourists, Features Thriving Economy with World’s Top Cruise Port at Port Canaveral

PETER CRANIS: Our Spring Marketing Campaign has been working hard for us since mid-January and will continue as we come into peak season. We purposely wanted to launch the unprecedented $1.6 million campaign in mid-January, as we knew that many other destinations would be out there marketing to consumers following a long hiatus due to COVID. […]

Brevard Business News

PETER CRANIS: $1.6 Million Spring Marketing Campaign Keeping the Space Coast as Go-To Destination

PETER CRANIS: Our Spring Marketing Campaign has been working hard for us since mid-January and will continue as we come into peak season. We purposely wanted to launch the unprecedented $1.6 million campaign in mid-January, as we knew that many other destinations would be out there marketing to consumers following a long hiatus due to COVID. […]

Brevard Business News

PETER CRANIS: Rocket Launches Bolster Tourism on the Space Coast, Upcoming Manned Missions Expected to Draw Huge Crowds

PETER CRANIS: December Tourist Development Tax (TDT) has come in at $1.879 million – a record for the month of December, beating the previous two best December (2021 at $1.56 million and 2019 at $1.26 million).  This is 20% ahead of the previous December and the 21st consecutive month of “best month for that month” results.   […]

Brevard Business News

PETER CRANIS: December 2022 Tourist Development Tax Comes in at a Record $1.879 Million

PETER CRANIS: December Tourist Development Tax (TDT) has come in at $1.879 million – a record for the month of December, beating the previous two best December (2021 at $1.56 million and 2019 at $1.26 million).  This is 20% ahead of the previous December and the 21st consecutive month of “best month for that month” results.   […]

Brevard Business News

PETER CRANIS: Hotel Room Night Demand on the Space Coast Hits Record 2.68 Million in 2022

PETER CRANIS: The STR report from December came in a few weeks ago and it showed that we have hit some all-time highs in 2022. Average Daily Rate (ADR) came in at $136 which was a new high. This is 15.5% growth over 2019. Also, while Occupancy came very close to 2019 at 69%, the combination of ADR and Occupancy to form RevPAR (Revenue Per Available Room) also hit a new high of $94 which was 14.7% growth since 2019. […]

Brevard Business News

PETER CRANIS: Tourist Tax Collections Come in at Record $1.74 Million for November

PETER CRANIS: November Tourist Development Tax has come in at $1.74 million – a record for the month of November, beating the previous two best Novembers (2021 at $1.36 million and 2019 at $1.15 million). This is 28% ahead of the previous November. We are now two months into our new fiscal year so this is a good beginning to the year and sets the pace for Fall performance.  […]

Brevard Business News

PETER CRANIS: Tourist Tax Collections Come in at Record $1.789 Million for October

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. […]

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. […]