June 28, 2022

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Good Business

Panama City Beach sees record tourism numbers in March

PANAMA Metropolis BEACH — Right after achieving a recent milestone, Dan Rowe, president and CEO of Visit Panama Town Seaside, said the city is with out a doubt an “all-American beach front town.”

In accordance to Rowe, March of this year was the busiest March in the tourism heritage of Panama City Seaside, building pretty much $2.9 million in tourism advancement tax revenue. That is about $400,000 additional than March 2021, which formerly held the title. 

It really should be observed that 2021 was the Beach’s busiest 12 months at any time, bringing in about $36.75 million in tourism tax collections. 

Panama City Beach is flooded with tourists March 17. March 2022 was the busiest March in the tourism history of Panama City Beach, generating almost $2.9 million in tourism development tax revenue.

“This year, we understood that we have been going to keep on to most of the organization we received final year because the fundamentals of our group are solid, (but) we did not know if we would exceed past year’s (figures) since we were anticipating a market place correction (after the COVID-19 pandemic in 2020),” Rowe mentioned. “We ended up thrilled that the results of March came in where by they have been.

“… It truly goes to display the value of that excellent beach expertise in people’s lives.”

The metropolis also was capable to break the record without having relying on crowds of spring breakers to improve its economy in March — something PCB counted on before 2015, when big crowds of party hungry, higher education-aged vacationers would flock to the space each year.

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