June 25, 2025

Following the public hearing at today’s Buncombe County Tourism Development Authority (BCTDA) meeting, the Board of Directors approved the FY26 $25.9 million operating budget. To support the community's economic recovery, $4.2 million will be drawn from the fund balance, supplementing the anticipated $21.7 million in net lodging tax revenue.

Other takeaways from the June board meeting include:

With the official start of summer, our community is experiencing many bright spots and exciting developments. Last week, the North Carolina Glass Center’s Black Mountain location, which received support from the 2022 Tourism Product Development Fund cycle, held its ribbon-cutting ceremony.

Today, the new North Concourse at Asheville Regional Airport is open and welcoming residents and visitors traveling through our region.

Tomorrow, we will make an important announcement in partnership with the North Carolina Arboretum about a landmark attraction coming to Asheville for the upcoming winter season. We hope you will tune in!

Brenda Durden Chair
Vic Isley signature
May Lodging Occupancy Slightly Rises from April
Total Roomnight Demand Down 8% and Supply Down 7% FYTD

May hotel occupancy was 67%, down five points from 2024 and 10 points from 2019. Hotel demand grew 4% from 2019.

May vacation rental occupancy was 52%, down four points from 2024 and one point from 2019. Vacation rental demand grew 25% from 2019 but has precipitously dropped from 2024.

View the Latest Destination Dashboard
BCTDA Board Officer Appointments for FY26
Lehman Assumes the Role of Chair Following Durden’s Two-Year Term

For the new fiscal year starting July 1, we welcome Matthew Lehman, general manager of the Grand Bohemian Lodge Asheville, as BCTDA chair; HP Patel, president & CEO of BCA Hotels LLC, as vice chair; and Lucious Wilson, general manager and partial owner of Wedge Brewery, as the new treasurer of the BCTDA nonprofit Explore Asheville.

Today marked Brenda Durden’s final board meeting as chair. The authority and Explore Asheville are thankful for her many contributions and look forward to her continued service as a board member through summer 2026.

BCTDA Board of Directors Approve FY25 Budget
$25.9M Operating Budget, $15.8M Anticipated for Community Capital Projects

Today, the BCTDA Board of Directors unanimously approved the FY26 budget informed by a $34.2 million gross lodging tax forecast. The $25.9 million FY26 operating budget combines $21.7 million in forecasted net lodging tax revenue with $4.2 million from fund balance to support the community’s economic recovery. 

More than $15 million is anticipated to be available for community capital project investment through the Tourism Product Development Fund (TPDF) cycle this fall.

What’s Open on the Blue Ridge Parkway
Road to Recovery Briefing from the National Park Service

The Blue Ridge Parkway is a 469-mile National Historic Landmark spanning 29 counties across North Carolina and Virginia. Baked into the roadway’s design to create economic opportunities for surrounding communities, 16.8 million visitors spent approximately $1.4 billion in local areas, supporting more than 19,000 jobs in 2023.

Since November, eleven miles of the Blue Ridge Parkway in Buncombe County have reopened, with more expected to become accessible later this summer and fall.

Park staff remain committed to planning and delivering a wide variety of communication strategies to regularly engage park visitors and stakeholders in the coming months and years. In the meantime, please remember that the parkway is an active work area and unauthorized use is not only unsafe but also hinders recovery operations.

What's Open & Accessible Right Now

  • Humpback Rocks
  • Otter Creek
  • Peaks of Otter
  • Mabry Mill
  • Rocky Knob
  • Blue Ridge Music Center
  • Doughton Park/The Bluffs Restaurant
  • Cone Memorial Park
  • Price Lake Boat Rental
  • Linn Cove Viaduct
  • NC Minerals Museum
  • Folk Art Center
  • Mt Pisgah/Pisgah Inn
  • Waterrock Knob

Restoration & Recovery Funding

The Parkway receives approximately $15 million each year for paving, bridge, and tunnel repair projects. This funding is obtained through a competitive process involving other national parks in the southeastern region of the National Park Service (NPS). The estimated cost for full pavement reconstruction and drainage rehabilitation for one mile of the main roadway can exceed $2 million.

Congress allocated a large portion of the $2 billion in supplemental disaster funding to the NPS for repairs. So far, the Parkway has received $25 million from U.S. Department of Transportation’s Federal Highway Administration (FHWA) emergency relief funds.

Restoring Road Access – A Phased Approach

Phase Target Date Mileage Restored Points of Interest

Phase 1

12 slides

Fall 2025 

48.7 Miles 

Access from Asheville to: 

  • Craggy Gardens Developed Area 
  • Mount Mitchell State Park
  • Full Connectivity to Pisgah Inn 

Phase 2

21 slides 

Fall 2026  

12.9 Miles 

  • Full Connectivity from Virginia State Line through Boone/Blowing Rock to Little Switzerland 
  • Linville Falls (repairs required to reopen for visitor access) 

Phase 3

23 slides + 4 repair sites
TBD

21.4 Miles 

  • Full Connectivity along Blue Ridge Parkway 
  • Full Connectivity from Little Switzerland to Mount Mitchell State Park 

Quick Links

MORE INFORMATION & NEXT MEETING OF BCTDA

Find documents from the June 25 board meeting HERE >>

THE NEXT BCTDA BOARD MEETING
Wednesday, July 23 | 9–11 a.m.
Explore Asheville | 27 College Place
Details to be posted HERE >>

Delivering Balanced 
& Sustainable Growth

Encouraging Safe & Responsible Travel 

Engaging & Inviting More Diverse Audiences

Promoting & Supporting Asheville's
Creative Spirit

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