The Real Deal Miami

Hotel vacancies indicate weak winter season

December 24, 2008 10:59AM

Data from Smith Travel Research indicates fewer tourists are headed for
the Sunshine State, heralding a blow to Florida’s largest industry. In
Miami-Dade County, hotel tax revenues are down 1 percent since
September, and room revenues took a 10 percent drop, their biggest dive
in at least five years. Smith Travel Research said room revenues
dropped 10 percent in the Keys and 5 percent in Broward; they plunged
23 percent in Orlando.