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February 18, 2020

For Immediate Release

February 18, 2020 

Sarah Stephens
Communications Manager
Myrtle Beach Area Chamber of Commerce
O: (843) 916-7295
C: (843) 582-6932

MBACVB Reports Tourism Growth in 2019

MYRTLE BEACH, S.C. - A record 20.4 million visitors in the Myrtle Beach area generated $10.8 billion in expenditures in 2018, continuing a trend of year-over-year growth, and echoing the impact of the tourism industry reported by the South Carolina Parks, Recreation & Tourism yesterday during the South Carolina Governor’s Conference on Tourism & Travel.

“Tourism is a significant industry for the state as a whole, and it is the Myrtle Beach area’s number one industry,” said Karen Riordan, president and CEO of the Myrtle Beach Area Chamber of Commerce and Convention and Visitors Bureau. “Tourism accounts for more than 57,000 jobs in our area and supports world class attractions and events that both visitors and locals enjoy. Continued growth in tourism is vital to ensuring the long-term success of local residents and business owners.” 

The results of the Myrtle Beach Area CVB’s marketing efforts for 2019 are detailed in a newly released Annual Tourism Report. 

“We are sharing this information with our community in the spirit of transparency and accountability to our residents,” said Riordan. “While the final results of our marketing efforts for 2019 won’t be available until late spring, the numbers we’ve received so far indicate another positive year of growth.” 

Key highlights from the report include: 

  • Marketing efforts generated 39 percent first time visitation in 2018, resulting in $3.8 billion in expenditures;  
  • Each dollar spent on destination marketing generated $164 in revenue in 2018; 
  • A 4 percent increase in visitor growth in 2018;  
  • $9.2 billion gross retail sales for Horry County as of September 2019, an increase of 1.86 percent year-over-year;
  • $27.6 million TDF collections as of October 2019, a 10.4 percent increase year-over-year.  
  • The Annual Tourism Report is available for download at MyrtleBeachAreaCVB.com. 

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About 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 a few 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, Pawleys Island, Socastee and Carolina Forest. For more information, visit MyrtleBeachAreaChamber.com.

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TD Bank is excited to sponsor the chamber’s Educated Voices On Leading and Valuing Equity (EVOLVE) series as we seek ways to better understand and respect one another. We are committed to demonstrating strong and sustained action to support diverse colleagues, customers and communities to contribute to meaningful, measurable change.