Aug
11

Hilton Head Tourism up Slightly, Bucking Trend among Competing Venues

By
– The Island Packet

Financial data released last week by the Town of Hilton Head Island show how much real estate and tourism declined over the past year.

Of the two, real estate plummeted the most. Town revenues from real estate and building permits dropped 36 percent in fiscal year 2009, which ended June 30, from $4.2 million in 2008 to $2.7 million.

Tourism-related revenues were off 7 percent, with money from the accommodations and hospitality taxes dropping from $11.7 million to $10.8 million.

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.thestate.com/749/story/897611.html
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    Categories : Hilton Head Island

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