search

The Real Deal Logo

Trending

H-E-B snags 21 acres in Celina, hinting at development boomH-E-B snags 21 acres in Celina, hinting at development boomRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlords“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment deal“Investing before the ‘all clear’ sign”: Jon Gray on Blackstone’s $10B apartment dealLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a
South Florida

Hotel market picking up, report says

Sign Up for the undefined Newsletter

South Florida hotels are beginning to see improvements in the market, according to a report from Smith Travel research. In Fort Lauderdale, September hotel occupancy rose 2 percent from a year ago. It is the first time that measure has risen since April 2008. Daily rates were still down an average of 15 percent, however. In Palm Beach County, occupancy rates dropped by 9 percent over the past year, and daily rates declined by 17 percent in the same period. [Sun Sentinel]

Tags
HotelsSmith Travel Research