The document summarizes information about condo ownership in Orange Beach and Gulf Shores, Alabama. It describes the area as a desirable tourist destination with beautiful beaches. It provides statistics on tourism revenue and visitors. It also describes the developer Brett/Robinson's history of building condo buildings along the coast and their strong rental program management.
7. 2008 Lodging Revenue $1.1 Billion – 3%∆ Jefferson 18% $198 M 1%∆ Baldwin 25% $279 M -1%∆ Madison 9% $96 M 9%∆ Montgomery 6% $67 M 5%∆ Mobile 10% $109 M 5%∆ Source: Center for Business and Economic Development, Auburn University Montgomery
8. Lodging Rentals & Market Share 2008: $1.1 Billion, 1.2% growth Bay Panama City 19.2% $222 M 1.9%∆ Walton Sandestin Seaside 24.1% $277 M 3%∆ Okaloosa Fort Walton Destin 18.6% $214 M -.9%∆ Santa Rosa Navarre 2.0% $23 M 1.7%∆ Escambia Pensacola 11.9% $137 M 4.2%∆ Source: Center for Business and Economic Development, Auburn University Montgomery, Haas Center for Business Research & Economic Development Baldwin Gulf Shores Orange Beach 24.2% $279 M -1%∆