Published on : Tuesday, October 17, 2017
The rate of the occupancy at Manatee County hotels dropped somewhat to 74 percent. This was a decrease of four-tenths of a percent from the month of October 2016 to August of this year even though visitor number in terms of spending time in the area increased.
“There has been a very significant increase in room inventory,” Walter Klages of Data Research explained the modest decline.
Klages made his statements toward the members of the Manatee County Tourist Development Council at the time of their Monday meeting in the Manatee County Commission Chambers.
“As inventory increases, the new properties benefit from being new, and the older properties have a marketing challenge,” Klages said.
The room revenue grew 2.3 percent at that time, he explained.
Manatee County experienced a strong spring and summer tourist season. However, the community went through a major hit last month with Hurricane Irma that actually destroyed all family vacation plans, airline flights, and hotel and restaurant reservations.
At that time, visitor traffic also increased to 186,940, with the largest share of visitors pouring in from Florida, a 5.2 percent rise from the same period one year before, as expressed by Klages.
To note, Midwest provided the second-largest bloc of visitors around 141,620, followed by the Northeast around 138,370 and Europe approx 87,390 respectively– all representing a rise in traffic.
The visitation was strikingly down from Canada, to 9.2 percent to 23,030 because of economic conditions there, Klages said.
He said that visitors, room nights and financial impact all increased between 2016 and 2017,