IncSmart Delaware (Small Business and Startups) -
Delaware beach cities are getting a hotel boom. Twelve new hotels are on the books for Delaware beach cities, creating a building boom in the southern part of the state. This redevelopment is particularly noticeable in Sussex County and Rehoboth. 2018 occupancy rates are about 80%, according to the Southern Delaware Tourism Association. Much of the Delaware market is from New York City and Philadelphia.
Beachgoers now have more choices. Will add over 900 rooms to the current inventory. Along with the growth of Airbnb, VRBO and over 1300 house rentals, tourists hoping to see lower room rates all round. The Delaware State Senate has also just passed a law allowing the city of Rehoboth and other beach cities, to impose a lodging tax up to 3% to boost revenue.
By IncSmart Staff Writer
Starting a Business in Delaware - Delaware Corporation - Delaware LLC
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