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Understanding Seasonal
Differences in Markets for the
Myrtle Beach Boardwalk
Carson Paige Edmunds, Myrtle Beach Redevelopment Corporation and Wall College of Business
Admin.
L. Taylor Damonte, Brittain Center for Resort Tourism, Wall College of Business Admin.
Bomi Kang, Hospitality, Resort, and Tourism Management, Wall College of Business Admin.
David Sebok, Myrtle Beach Downtown Development Corporation, City of Myrtle Beach
A Presentation To The Graduate Education and Graduate Student
Research Conference in Hospitality and Tourism
January 10th, 2015
 The Myrtle Beach Boardwalk was created by the City of
Myrtle Beach and opened in May, 2010.
 The Boardwalk is one of the public infrastructure elements
proposed in the 1999 Pavilion Master Plan which the Myrtle
Beach Downtown Redevelopment Corporation [DRC] is
charged with implementing.
Damonte - Loftus
E. Craig Wall Sr. College of Business AdministrationEdmunds - Damonte – Kang – Sebok
Myrtle Beach Boardwalk Background Information
 The percentage of visitors in each of the three life stages.
 The specific places travel parties select to visit during
their stay.
 The distance they travel to Myrtle Beach from their origin
market.
 The average spending per travel party.
Research Focus:
Studying specific market changes to better understand the seasonal
fluctuation from Summer to Fall in the Myrtle Beach area.
Edmunds - Damonte – Kang – Sebok
Discussion:
We expect the K-12 school calendar would impact the seasonal choice
of family vacationers with children. Consequently, a higher
concentration of travel parties with school age children is expected
during the summer months and a higher concentration of travel parties
with no children or with children under 6 years old, not being impacted
by the K-12 school calendar, would be expected during the fall season.
Researchers would expect to find statistically different attraction choices,
spending, and distance traveled for fall season travelers versus summer
travelers.
“
“
Edmunds - Damonte – Kang – Sebok
11.4%
19.6%
48.2% 51.8%
40.4%
28.6%
0.0%
20.0%
40.0%
60.0%
80.0%
100.0%
Summer Season Fall Season
Families with kids under 5 yrs old
Families with schoold age kids
Adults only (21 +)
Market Common Coastal Grand Mall Broadway at the Beach
Tanger Outlet Amusement/Water Park Barefoot Landing
Boardwalk
13%
10%
19%
13%
8%
12%
25%
12%
12%
14%
14%11%
12%
25%
Summer Season Fall Season
Stages of Life
1 - Families with
children under 5
years old
2 - Families with
school age
children
3 - Adults only
Summer Season Fall Season
$0-$20 24% 17%
$20-$40 15% 14%
$40-$60 22% 11%
$60-$80 16% 37%
$80-$100 12% 9%
$100-$120 4% 9%
$140-$160 7% 3%
0%
10%
20%
30%
40%
Market Trend Findings:
The percentage of visitors in each of the three life stages
Percent of travel parties with children rises in the
fall while adult only travel parties decrease.
The specific places travel parties select to visit during their stay.
Broadway at the Beach showed a significant
decline in travel parties in the fall season.
Edmunds - Damonte – Kang – Sebok
Market Trend Findings:
The distance they travel to Myrtle Beach from their origin market.
Families with school age children, have a mean
travel distance that is the furthest away from Myrtle
Beach in both seasons.
The average spending per travel party.
In both seasons the majority of travel parties spent
a average total of $80 or less on the Boardwalk.
Edmunds - Damonte – Kang – Sebok
Conclusion
By comparing traveler life stages, places travel parties
visit, distance traveled and the average spending per
travel party in the summer and fall seasons insight has
been given to these seasonal fluctuations. The research
conducted on specific market changes during the
seasonal fluctuation from summer to fall in the Myrtle
Beach area disproved our hypothesis. Leading to the
conclusion that adult travel parties decrease in the fall
season as apposed to the increase in travel parties with
children.
Edmunds - Damonte – Kang – Sebok

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UNDERSTAING SEASONAL DIFFERENCES IN MAREKTS FOR THE MYRTLE BEACH BOARDWALK created by Carson Paige Edmunds (Confrence Printout PPT)

  • 1. Understanding Seasonal Differences in Markets for the Myrtle Beach Boardwalk Carson Paige Edmunds, Myrtle Beach Redevelopment Corporation and Wall College of Business Admin. L. Taylor Damonte, Brittain Center for Resort Tourism, Wall College of Business Admin. Bomi Kang, Hospitality, Resort, and Tourism Management, Wall College of Business Admin. David Sebok, Myrtle Beach Downtown Development Corporation, City of Myrtle Beach A Presentation To The Graduate Education and Graduate Student Research Conference in Hospitality and Tourism January 10th, 2015
  • 2.  The Myrtle Beach Boardwalk was created by the City of Myrtle Beach and opened in May, 2010.  The Boardwalk is one of the public infrastructure elements proposed in the 1999 Pavilion Master Plan which the Myrtle Beach Downtown Redevelopment Corporation [DRC] is charged with implementing. Damonte - Loftus E. Craig Wall Sr. College of Business AdministrationEdmunds - Damonte – Kang – Sebok Myrtle Beach Boardwalk Background Information
  • 3.  The percentage of visitors in each of the three life stages.  The specific places travel parties select to visit during their stay.  The distance they travel to Myrtle Beach from their origin market.  The average spending per travel party. Research Focus: Studying specific market changes to better understand the seasonal fluctuation from Summer to Fall in the Myrtle Beach area. Edmunds - Damonte – Kang – Sebok
  • 4. Discussion: We expect the K-12 school calendar would impact the seasonal choice of family vacationers with children. Consequently, a higher concentration of travel parties with school age children is expected during the summer months and a higher concentration of travel parties with no children or with children under 6 years old, not being impacted by the K-12 school calendar, would be expected during the fall season. Researchers would expect to find statistically different attraction choices, spending, and distance traveled for fall season travelers versus summer travelers. “ “ Edmunds - Damonte – Kang – Sebok
  • 5. 11.4% 19.6% 48.2% 51.8% 40.4% 28.6% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% Summer Season Fall Season Families with kids under 5 yrs old Families with schoold age kids Adults only (21 +)
  • 6. Market Common Coastal Grand Mall Broadway at the Beach Tanger Outlet Amusement/Water Park Barefoot Landing Boardwalk 13% 10% 19% 13% 8% 12% 25% 12% 12% 14% 14%11% 12% 25% Summer Season Fall Season
  • 7. Stages of Life 1 - Families with children under 5 years old 2 - Families with school age children 3 - Adults only
  • 8. Summer Season Fall Season $0-$20 24% 17% $20-$40 15% 14% $40-$60 22% 11% $60-$80 16% 37% $80-$100 12% 9% $100-$120 4% 9% $140-$160 7% 3% 0% 10% 20% 30% 40%
  • 9. Market Trend Findings: The percentage of visitors in each of the three life stages Percent of travel parties with children rises in the fall while adult only travel parties decrease. The specific places travel parties select to visit during their stay. Broadway at the Beach showed a significant decline in travel parties in the fall season. Edmunds - Damonte – Kang – Sebok
  • 10. Market Trend Findings: The distance they travel to Myrtle Beach from their origin market. Families with school age children, have a mean travel distance that is the furthest away from Myrtle Beach in both seasons. The average spending per travel party. In both seasons the majority of travel parties spent a average total of $80 or less on the Boardwalk. Edmunds - Damonte – Kang – Sebok
  • 11. Conclusion By comparing traveler life stages, places travel parties visit, distance traveled and the average spending per travel party in the summer and fall seasons insight has been given to these seasonal fluctuations. The research conducted on specific market changes during the seasonal fluctuation from summer to fall in the Myrtle Beach area disproved our hypothesis. Leading to the conclusion that adult travel parties decrease in the fall season as apposed to the increase in travel parties with children. Edmunds - Damonte – Kang – Sebok