From Wobx.com Driven, in part, by price increases caused by inflation, occupancy and meals collections in Dare County both grew by almost four percent in August and retail sales in July were up nearly three percent. That follows new all-time monthly highs set in July for gross collections at hotels/motels and vacation rentals and restaurants. “We continue […]
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From Wobx.com Four Outer Banks radio stations are now up for liquidation, after the assets of a New Jersey-based company that had filed for bankruptcy were transferred to a trustee on Friday. JAM Media Solutions had been seeking Chapter 11 bankruptcy protection by reorganization since October 2022. The company owned Beach 104 (WCXL-FM); 99.1 The Sound […]
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While July was another high water month on the Outer Banks for visitor spending, the latest data indicates the amount of visitors coming to Dare County this summer has declined to a more balanced level and that the record revenues were driven more by higher prices. Total retail sales in June also set a new […]
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From wobx.com It was another strong month in June for occupancy and meals collections in Dare County, but the amount of retail sales in May was off by almost double digits from the previous year. According to reports presented to the Dare County Tourism Board at their August 17 meeting, gross collections on hotel rooms and […]
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Almost 400 college students from more than a dozen countries spent their summer vacation on the Outer Banks working in a variety of roles with the region’s largest grocery store chain. Food Lion operates six stores on the Outer Banks in Corolla, Southern Shores, Kill Devil Hills, Nags Head and Avon, with over 300 full […]
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From Wobx.com N.C. Insurance Commissioner Mike Causey has set a hearing date for a request to raise insurance rates for rental properties that could lead to an increase of more than 75 percent on new and renewing wind and hail policies for vacation and full time rental houses on the Outer Banks. Causey said the […]
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From Wobx.com The public comment period ends Friday on a proposed hike in policies that cover rental properties, and could lead to an increase of more than 75 percent on new and renewing wind and hail policies for vacation homes on the Outer Banks. Only nine months ago, the North Carolina Rate Bureau was granted […]
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From Wobx.com While the leisure and hospitality industry across the country continues to struggle to fill available jobs, especially in rural counties, the number of people the industry employs in North Carolina has topped pre-pandemic levels. According to the U.S. Bureau of Labor Statistics, there were 553,000 workers in the state’s leisure and hospitality field […]
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From Wobx.com The peak period of hurricane season activity has arrived in full force, with the formation of four tropical storms between the tropical Atlantic and the Gulf of Mexico since Sunday. None of the current activity is forecast to threaten eastern North Carolina, although there could be some increased long-period swells early next week […]
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From Wobx.com Buoyed by a rebound in the state’s urban centers, and supported by continued high numbers along the coast and the mountains, visitors to North Carolina spent a record $33.3 billion in 2022 according to data released Friday. The preliminary findings from an annual study commissioned by Visit North Carolina reflecting the economic impact […]
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