Thursday, December 3, 2009

Miami Beach Hotels, Miami Beach Real Estate

Miami Beach hotels, Rates Fall Again

According to data from Smith Travel Research, hotel rates fell again for the week ending November 21, continuing a trend.

Miami-Dade average room rates fell to $129.17 from $143.64. Rates in Palm Beach County fell to $108.27 from $118.25 and at the same time last year in Broward County rates fell to $95.34 from $111.72.

Rates fell to $95.85 from $103.68 in the prior year, Nationwide.

Miami-Dade did see a glimmer of hope, as its occupancy rates grew to 71.2% from 69.4% in the previous year.

Full Article...Miami Beach Hotels, Miami Beach Real Estate

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