herb malone, president & ceo - gulf shores & orange beach ... · condos 4,599 0 4,599...
TRANSCRIPT
Herb Malone, President & CEO
© Copyright 2018 Gulf Shores & Orange Beach Tourism. All rights reserved.© Copyright 2019 Gulf Shores & Orange Beach Tourism. All rights reserved.
LODGING REVENUE
Source: Alabama Department of Revenue
$0
$100,000,000
$200,000,000
$300,000,000
$400,000,000
$500,000,000
$600,000,000
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
$526.1m
$62m
© Copyright 2018 Gulf Shores & Orange Beach Tourism. All rights reserved.© Copyright 2019 Gulf Shores & Orange Beach Tourism. All rights reserved.
RETAIL SALES
Source: City of Gulf Shores and City of Orange Beach Revenue Department
$0
$100,000,000
$200,000,000
$300,000,000
$400,000,000
$500,000,000
$600,000,000
$700,000,000
$800,000,000
$900,000,000
$1,000,000,000
1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
$154.5m
$938.4m
© Copyright 2018 Gulf Shores & Orange Beach Tourism. All rights reserved.
Source: Economic Impact Report – Annual Travel Industry 2017
2017 RESULTS
6.3MGuests
$4.4B Visitor Spending
50,574Travel Related Jobs
$1.5B Wages & Salaries
© Copyright 2018 Gulf Shores & Orange Beach Tourism. All rights reserved.© Copyright 2019 Gulf Shores & Orange Beach Tourism. All rights reserved.
ACCOMMODATIONS INVENTORYExisting
UnitsFutureUnits Total
GULF SHORESCondos 4,599 0 4,599Hotels/Motels 1,363 325 1,688Total 5,962 325 6,287
ORANGE BEACHCondos 8,466 424 8,890Hotels/Motels 1,443 192 1,635Total 9,909 616 10,525
FORT MORGANCondos 1,582 0 1,582Total 1,582 0 1,582
ALA GULF COAST TOTALSCondos 14,647 424 15,071Hotels/Motels 2,806 517 3,323Total 17,453 941 18,394
January 2019
Ft. Morgan, Gulf Shores, Orange Beach
© Copyright 2018 Gulf Shores & Orange Beach Tourism. All rights reserved.© Copyright 2019 Gulf Shores & Orange Beach Tourism. All rights reserved.
ACCOMMODATIONS INVENTORY
Source: Cities’ Revenue Department and the CVB Accommodations Inventory, 2018
Gulf Shores, Orange Beach
TotalNumber
of CondoUnits*
Total Number of Business Licenses
Condos Houses/Duplexes
Gulf Shores 4,599 3,368 73.2% 611
Orange Beach 8,466 5,672 67.0% 493
Total 13,065 9,040 69.2% 1,104
*CVB inventory does not include properties that are rent restricted or located in areas that do not appeal toshort-term renters.
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