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Home > Market Studies > Arrival of the Myrtle Beach Luxury Market
ARRIVAL OF THE MYRTLE BEACH LUXURY MARKET
Air travel is an indicator of increased influx of higher end consumers to the Myrtle Beach market. Travelers will be serviced by the proposed new Myrtle Beach Airport terminal - A $228MM project to expand the airport from 6 to 14 gates by 2009 to attract additional airlines.
Strong Gains in Migration of Seniors: From 1995 to 2000, South Carolina recorded a net gain of 16,000 people age 65 and older who moved from outside the state, or 33.6 per 1,000 of population. Only Nevada, Arizona and Florida ranked higher.
New Attractions, Developments & Infrastructure Bolster The Upscale Trend:
Hard Rock Amusement Park is currently breaking ground. The $400MM development will be the largest ever single investment in South Carolina tourism infrastructure.
