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5/1/2016 |
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Tourism Generates $7 Billion Annually for Myrtle Beach Area |
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Tourism Generates $7 Billion Annually for Myrtle Beach Area,
According to Report from Coastal Carolina University
Myrtle Beach Area Chamber of Commerce Celebrates Report Findings
During National Travel and Tourism Week
MYRTLE BEACH, S.C. – In celebration of National Travel and Tourism Week, a new report released today from Coastal Carolina University revealed the positive and enormous impact of tourism on the popular Myrtle Beach area of South Carolina. In addition to remaining the No. 1 industry in both Horry and Georgetown counties, the independent research also found that tourism generates $7 billion annually for the local market and supports more than 83,000 jobs, an impressive 80 percent of which are maintained year-round.
In 2014, more than 17 million people visited the Myrtle Beach area, representing 37 percent of the South Carolina Department of Parks, Recreation & Tourism’s statewide economic impact of $19 billion. The report also found that tourism generated $2.2 billion in annual income for employees and businesses, as well as $485 million in state and local taxes.
“National Travel and Tourism Week was created to celebrate what travel brings to our lives. This means not just the power of travel to educate, rejuvenate and inspire, but also its positive impact on job creation and economic development,” said Brad Dean, president and CEO of the Myrtle Beach Area Chamber of Commerce. “Locally, tourism is a huge story for us and these findings confirm that. What I am most proud of, though, is that I am able to call Myrtle Beach, South Carolina, home. When more than 17 million people choose your hometown as their vacation destination each year, how can you not boast?”
Tourism also generates valuable tax revenue for local schools, hospitals and housing; provides infrastructure for roads and bridges; and funds sports and performing arts facilities. Tourism also helps preserve the area’s rich Southern culture and history, and protect the area’s natural resources.
For more information on tourism’s impact on the Myrtle Beach area, visit www.TourismWorksForUs.com.
About The Myrtle Beach Area Chamber of Commerce
Since 1938, the Myrtle Beach Area Chamber of Commerce has stood as the unified voice of the Grand Strand's business community. The U.S. Chamber of Commerce has awarded the MBACC its five-star accreditation, one of only several chambers in South Carolina to earn this distinction. The MBACC serves Myrtle Beach, North Myrtle Beach, Surfside Beach, Little River, Atlantic Beach, Garden City Beach, Loris, Conway, Aynor, Murrells Inlet, Litchfield Beach and Pawleys Island. For more information, visit MyrtleBeachAreaChamber.com. The Myrtle Beach Area Chamber of Commerce is the proud recipient of the Association of Chamber of Commerce Executives’ “2015 Chamber of the Year” award.
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