The Real Deal Miami

Hotels drop summer rates in Palm Beach

May 03, 2010 11:56PM

Beginning in mid-May and lasting until September, prices of one-night
stays at Palm Beach hotels tend to drop by 50 percent or more from high
season rates. While the trend will continue this year in Palm Beach,
rates are higher than they were last year, due to an increase in
business, profits and occupancy, executives say. David Burke, vice
president of sales and marketing at the Breakers, said the hotel
expects to be up 20 percent over last summer, pointing to more group
bookings that could drive up the hotel’s profits. The new Omphoy hotel
will offer pool-view rooms for $259 during the summer, along with
several hotels offering reduced summer prices. [Palm Beach Daily News]