The official Orlando Tourism Numbers for 2016 are still a couple of months away from being published, but Florida’s numbers are out. Almost 113 million people visited Florida in 2016. That is about a 7% increase on 2015.
Orlando Tourism Numbers
Typically Orlando will see around 2/3’s of all Florida visitors which would represent in the region of 75 million visitors. This year however we are calling this on the more conservative side and are expecting the official number to be declared at closer to the 70 million mark. This will still represent a new record for Orlando tourism numbers and an increase in the region of 5 million year on year.
As well as the increased Orlando tourism numbers an important number for our owners is the Tourist Development Tax which generated $239.5 million in tourist tax during the 2015-2016 fiscal year (thru Sept 2016). This represents an increasing number of guests purchasing accommodation in Orlando.
All of this adds up to explain why our owners are getting around 40 weeks of paid occupancy each year, seeing excellent cash flow and still getting to enjoy their property in Orlando.
If you like the idea of purchasing a vacation home in Orlando visit our main site and discover the latest opportunities.