The Real Deal Miami

SF hotel occupancy jumps 5 percent in May

June 27, 2011 03:34PM

South Florida’s hotel occupancy climbed to 68.2 percent this May from 63.2 percent in May 2010, an indication that the industry is rebounding, according to Smith Travel Research’s Trend Reports reported by the South Florida Business Journal.

The average daily room rate jumped 7.3 percent, to $123.31 from $114.92.

Miami-Dade beat out the other three counties by experiencing the largest year-over-year occupancy gain — to 73.4 percent from 67.3 percent. Average daily rate also climbed 8.4 percent, year-over-year, to $144.52 from $133.35.

The average hotel occupancy in the Fort Lauderdale market rose to 68.4 percent from 63.8 percent in May 2010. The average daily rate jumped 3.7 percent, to $105.68 from $101.92.

Average daily room rates at West Palm Beach area hotels increased to $119.73 from $109.50. The average occupancy at West Palm Beach hotels rose to 62.8 percent from 58.5 percent. [SFBJ]

4 Responses to “SF hotel occupancy jumps 5 percent in May”

  1. July 08, 2011 at 2:04 pm, Emberlynn said:

    Heck yeah this is exaltcy what I needed.

  2. July 09, 2011 at 10:29 am, Kaedn said:

    Great hammer of Thor, that is powerfully helfpul!

  3. June 27, 2011 at 5:57 pm, Anonymous said:

    For chad

  4. January 17, 2013 at 5:22 pm, URL said:

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