Posted on Thursday, 8.19.2010
Miami Hotels - Miami Tourism
According to data from Smith Travel Research, South Florida and Miami hotel occupancy rose again in July. The biggest gain in occupancy was in Palm Beach County which rose from 53.2 to 62.1 percent in the prior-year period. Occupancy in Broward went from 59.9 percent to 63.7 percent and Miami hotels grew to 67.9 percent from 64.1 percent.
Across the U.S., occupancy rose from 63.5 percent to 67.9 percent.
The average daily room for Miami hotels rose 1.8 percent, to $118.33 from $116.25. In Broward the ADR fell 0.2 percent, to $89.23 from $89.39. Palm Beach County saw a 1.5 percent decrease for average rate, falling from $97.85 to $96.38.
Nationally, the average daily room rate rose 1.3 percent, to $99.14 from $97.83.
When BP put a temporary cap on its leaking oil well in the Gulf of Mexico, Miami hotel operators were able to breathe a sigh of relief in July. National incident commander, Admiral Thad Allen, is in charge of the response to the spill and said that the tri-county area was expected escape the spill.
Miami-Dade, Broward and Palm Beach counties all had occupancy increase, during the first six months of this year. Miami hotel rates
rose as well.
Call MLR Realty
at: 1-305-673-3303 to speak with a real estate agent that specializes in Miami hotels for sale or for Miami vacation rentals
and accommondations, call Miami Habitat at 1-305-673-3958.