Economic Indicators on Alabama’s Gulf Coast 2003 Baldwin County Tourism Facts

Economic Indicators on Alabama’s Gulf Coast

2003 Baldwin County Tourism Facts

• 4 Million Annual visitors

• $1.8 Billion Travel-related expenditures

• 41,357 Travel-related jobs

• $776 Million Travel-related wages

Alabama Gulf Coast Accommodations Inventory

City Size by Transient Lodging Units

• Jacksonville, FL 14,000

• Puerto Rico 14,000

• Louisville, KY 13,787

• Raleigh, NC 13,716

• Daytona Beach, FL 13,000

• Charleston, SC 12,998

2003 Visitor Profile Study State of Residence

2003 Visitor Profile Study State of Residence

2003 Visitor Profile Study State of Residence

Alabama Gulf Coast Total Population Assessment

• Total Annual Population 4.6 million*

• *Includes “day-trippers,” visitors in paid accommodations, those

• staying with friends & relatives, non-resident owners and their

• guests, snowbirds, and permanent, year-round residents.

• Alabama Real Estate Research & Education Center

Alabama Gulf Coast Regional Resident Population

Baldwin County Population Projections

Baldwin County Demographics

2003 Alabama Lodging Revenue $778 million

Lodging Rentals

What’s Happening Now?

• Hotels.com

• Most Popular Vacation Rental Destinations:

What’s Happening Now?

• Re-development

• New development

The Lighthouse

Turquoise Place

Colonial Pinnacle at Craft Farms

Bon Secour Village

Bon Secour Village

R I V E R W A L K

R I V E R W A L K

“New Frontier”

What Will The Future Hold?

• As of September 1999, 53% of the U.S. population lived within 50 miles of a coastline.

• By 2025, that number is projected to be 75%.

Statistics Available Online

• www.agccvb.org

• Monthly Economic Updates
• Visitor Profile Reports
• This Presentation