On the heels of a frenzied summer air travel season, travelers are increasingly turning to drivable destinations as an alternative, with cities like Myrtle Beach, Virginia Beach, Daytona Beach, and Fort Myers coming up big.
RevPAR growth for those cities ranged from 7.8% to 19.5% in July 2022, with Myrtle Beach and Virginia Beach ranking second and seventh for RevPAR growth in the second quarter of 2022 respectively, according to Moody's Analytics data. On the West Coast, San Diego and Anaheim also ranked in the top 10 in July.
The big exception is Hawaii: in July, Oahu logged an 18.4% increase in RevPAR from the previous month, "meaning that despite higher average daily room rates and inevitability of possibly having to contend with air travel disruptions in order to arrive to this tropical destination, travelers were not dissuaded," Moody's economist Ermengarde Jabir writes. "Leisure travelers appear undaunted by logistical upheaval and nowhere has this been more evident than in the latest TSA traveler throughput figures."
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