Experts say rising gas prices could actually benefit South Carolina’s $15 billion tourism industry.
As Easter approaches, the statewide average price of gas is about $3.73 a gallon.
The Associated Press reports that’s about 15 cents higher than at the same time last year.
Coastal Carolina University tourism researcher Taylor Damonte says that could be good news for the state’s tourism industry
Damonte says when gas prices are high, people tend to vacation at regional destinations that are closer to home. He says historically when gas prices have increased, hotel occupancy in Myrtle Beach has also risen.
Damonte says researchers aren’t sure if higher gas prices are a direct cause, but he expects occupancy in Myrtle Beach to approach 90 percent this weekend.