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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