Visitor Spending Grows in The Palm Beaches

Visitors to The Palm Beaches spent a record-high $4.7 billion during 2017, according to Discover The Palm Beaches (DTPB), the official tourism marketing organization for Palm Beach County. The record-breaking amount caps eight years in a row of visitor spending growth, and it was a nearly 2 percent increase over $4.6 billion of visitor spending in 2016. In 2017, The Palm Beaches saw 4.6 million room nights sold, with 74.4 percent occupancy across the destination.

Welcoming the figures, DTPB’s President & CEO Jorge Pesquera said the local tourism industry supports 70,000 jobs, contributing an economic impact of more than $7 billion to Palm Beach County.

“We’re pleased to see eight years in a row of strong growth in visitor spending,” said Pesquera. “The increase continues to spur more economic growth for Palm Beach County, which is a tremendous benefit to the tourism community and all residents.”

Although international spending declined, domestic markets increased in spending year-over-year by 6 percent. Top growth markets were New York (+8 percent), Washington, D.C. (+11 percent), Atlanta (+8 percent) and Detroit (+11 percent).

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