Statewide, REPAR is up 10% from a year ago, and places like Myrtle Beach and Hilton Head have seen 20% increases, possibly because of the long, harsh winter. An interesting statistic – 80% of SC visitors travel by car. Abigail Darlington of The Post and Courier has the article.
Downtown CHS’ former Vendue Inn is being transformed into The Vendue, an art-centered boutique hotel. Abigail Darlington of The Post and Courier has the story.
John McDermott of The Post and Courier provides a story on the CHS hospitality market and the “jewel of the Southeast”, along with talk of a $400/night hotel downtown and, one day, maybe even a St. Regis of a Ritz-Carlton.
The Charleston Regional Business Journal’s Ashley Barker reports that CHS county sold 31,200 more hotel room-nights in December than in December 2012, and as a result occupancy rose 11.4%. All the while, the daily rate rose 4.1% from the year prior. The CRBJ reports the county has now had year-over-year ADR increases for 36 consecutive months. County-wide, occupancy in 2013 was at 72%, the ADR at $128.83 and REVPAR at $93.92 according to the report from Smith Travel Research and released by the College of Charleston’s Office of Tourism Analysis and the Charleston Area Convention and Visitor’s Bureau.
A story from The Charleston Regional Business Journal on the strengthening local hotel market in the face of lots of new rooms coming on line.
Warren Wise of The Post and Courier reports the CHS hotel market sold 24,200 more hotel room nights than September 2012. And ADR was up 5.2% and REVPAR was up, too, 11.3%.
A new hotel is planned for an infill site in Mt. Pleasant, per a report by Abigail Darlington of The Post and Courier.