In 2009, the $16.5 billion Miami tourism
industry was hurt by the global financial crisis last year and overnight stays were slightly down. According to a new report however tourists associated with foreign Miami tourism spent a record $11 billion.
The Greater Miami Convention and Visitors Bureau said on Tuesday that Miami tourism
dropped 1.6% in 2009; with the recession finally catching up to Miami’s strong appeal to foreign Miami tourism
. With most of the dollars coming from foreign Miami tourists, spending dropped 3% to $16.5 billion.
Even though the amount of foreign Miami tourism
was down 1.8% in 2009 foreign spending was up almost 3% to $11 billion because of the weak U.S. dollar and the longer stays as a result of discounted hotel rooms
. The amount of visitors associated with Miami tourism within the US was down 1.4% in 2009. In 2008 there was a 2% drop. The report states that U.S. tourists spent $5.9 billion last year which was 9.2% less than 2008 and the lowest since 2003.
The decrease has Miami hotels,
shops and restaurants in Miami
even more dependent on foreign dollars. However, foreign Miami tourism from South America was up almost 3% from 2008. Even with the declines the bureau said that Dade County was one of the strongest Miami vacation destinations
in the country.