Miami hotel occupancy rates up, Miami hotels

Miami hotel occupancy rates up

Miami hotels in the past two months have been filled thanks to the recent Super Bowl as well as spring break.

For the week ending March 6, Miami hotels occupancy rose to 79.9 percent from 67.7 percent one year prior. Occupancy in Palm Beach County rose to 77.2 percent from 68.2 percent. According to the latest figures from Smith Travel Research, Broward’s occupancy rose to 76.7 from 70.8 percent. Occupancy across the U.S. rose to 54.9 from 52.8 percent.

Average daily room rates were up substantially for Miami hotels but continued to slide in Broward and Palm Beach.

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