puts TDO on a track to exceed $14 million in total budget this year
BREVARD COUNTY, FLORIDA – The May Tourist Development Tax came in Tuesday after the long weekend and it generated fireworks rivaling July 4th.
The final number was $1.653 million – a 97% improvement over May 2020 and a 25.5% improvement over May 2019.
This makes it the most successful May in TDT history and puts us on a track to exceed $14 million in total budget this year (assuming we hit our budget numbers for the remaining 4 months – more on that later).
Let’s break it down a bit. Year to date, TDT this year is at $10.178 million compared to $9.11 million in 2020. It is still below the $10.8 million in 2019 and $10.6 million in 2018 but is catching up fast based on the current trends.
Since the recovery began starting in March, our March to May period was at $5.3 million. This is compared to $4.9 million in 2019 and $4.5 million in 2018, making it our best March-May in history.
If we finish out the year at 2019 levels for June – Sept., our total TDT will land just under $15.5 million. In 2019, we just exceeded $16 million for the year and in 2018, we were just below $15.6 million so we could be really close to exceeding 2018.
While I think it is unlikely we will hit 2019 levels, there is a scenario where we could continue to exceed each remaining month by 10% over 2019 levels that could get us very close to 2019.
Looking at TDT by type, vacation rentals still are showing popularity, representing 31% of TDT for the month and 36.4% of TDT year to date.
Hotels represented 67.8% of the total for the month and 61.7% year to date. In terms of cities, Cocoa Beach and Cape Canaveral (42.6%) are still exceeding Melbourne and the Beaches (40%) as a percentage of the total.
Now, on to Summer! We already know June did very well and we are waiting for final STR numbers, as well as Vacation Rental data to do our monthly estimate – a topic for a future newsletter for sure.
Space Coast Pandora Station Launched
We are excited to announce the launch of Space Coast Groove, the Space Coast’s very own Pandora Radio station. This playlist was crowdsourced by recommendations from visitors, our office, and industry partners who were asked what songs take them back to a Space Coast Vacation. Give it a listen, and let us know what songs you’d like to hear next time you’re groovin’.
10 Year Anniversary of Space Shuttle Atlantis’ Final Mission
July 8 marked the 10th anniversary of Space Shuttle Atlantis’ Final Mission, STS-135. Celebrations took place at the Kennedy Space Center Visitor Complex with 6 veteran astronauts recounting their time on the iconic spacecraft. These anniversaries remind us how lucky we are to live here on the Space Coast to witness history by simply #LookingUp.
Fly-in/Drive-in Breakfast at Valiant Warbird Air Museum
The Warbird Air museum will resume Fly-in/Drive-in Breakfasts on the second Saturday of each month. The next Fly-in / Drive-in breakfast will be Saturday, July 10 from 8:00 AM to 10:00 AM. The menu will include bacon, sausage, grits, fresh fruit, omelets made to order, and juice and coffee. The cost will be $12 which includes museum admission. For questions please call the museum at 321-268-1941. The address to the museum is 6600 Tico Road in Titusville, located at the Space Coast Regional Airport.
USSSA Pride’s Military Appreciation Night Raises Thousands for Veterans Memorial Center
The USSSA Pride dominated an 8-0 Win over Team Florida last Friday in their Military Appreciation Game at the USSSA Space Coast Stadium. Three World War II veterans were honored in the opening ceremonies by throwing the first pitches of the game. Commemorative jerseys worn by the USSSA Pride were auctioned off for more than $5,500! Proceeds from this auction were donated the Veterans Memorial Center in Merritt Island and Retired Master Sergeant Michael Sonnenschein.
321 Liftoff the Podcast
Tune into this week’s 321 Liftoff the Podcast to hear from Michelle Goldcamp, Manager for the Convention and Visitors Bureau for the Cocoa Beach Regional Area Chamber of Commerce, and Nancy Peltonen, President, and CEO of the Greater Palm Bay Chamber of Commerce.
Tune in for a discussion of various tourism activities and upcoming special events happening in both areas of the Space Coast in the coming months.
Space Coast Office of Tourism Business Listings are FREE for qualifying Brevard County Businesses. If you own a business or know of a business owner, that does not have a listing on our website, please take the time to submit your information. Submissions will be reviewed and published to VisitSpaceCoast.com soon after they are received. Listings are featured in blogs, emails, and social media posts and are a great way for our office to inform visitors of your operations.
STR & Vacation Rental Reports
The Space Coast Office of Tourism is now receiving weekly STR reports to track hotel trends and we have created a customized report that looks at year over year and week over week performance.
If you would like to receive these reports via email, just contact Deborah Webster at [email protected]
Tourism Development Office Grant Cycle Information
Cultural Committee Meeting
On Wednesday, July 13th the Cultural Committee will be meeting with a very full agenda. The Committee will begin reviewing and scoring the applications submitted for the Cultural Support Grant Program after this meeting and their next meeting is August 24th.
Beach Committee Meeting
Tuesday, July 7th was a Beach Committee meeting where the 13 applicants attended and gave a 5-minute presentation of their project that they have submitted for the FY21-22 Tourism + Lagoon Grant Program. Scoring is due to Deborah Webster from the Committee on July 21, and the Committee will meet again on July 22 for the Review, Ranking & Recommendation meeting of the projects and funding to go onto the TDC on July 28.
The Tourism Development Marketing Committee Meeting will take place Thursday, July 15 at 2 pm at the Brevard County Government Center in Viera. You may attend this meeting in person if you wish or may attend virtually via Zoom.
Sports Events Grants
The Sports Events Grant application for FY21-22 Cycle #2 opens August 6, 2021, for events taking place from April 1, 2022 – September 30, 2022, which generate 200 or more room nights through attendees and participants.