Myrtle Beach Occupancy Rates and History

Coastal Carolina University’s Clay Brittain Jr. Center for Resort Tourism release their lodging results every Thursday.





Preliminary results for the week of March 1-7 :


ROOMS FILLED:

Midweek occupancy rates averaged 29%, down by 18.8% compared to the same week in 2008.

Weekend occupancy rates averaged 58.2%, down by .5% compared to the same week in 2008.

6 week average (Jan. 25-Mar.7) 35.3%, down by 7.8% compared to the same period in 2008.



TOTAL REVENUE per available unit:

4.4% down from last year at this period.



FORECAST:

40%-60% occupancy rate for coming week of March 14-20.

The start of the 48th Annual Canadian-American Days Festival should contribute to higher rates.