Hurricane Irma hurt hoteliers in September

Hotel occupancy rates dropped in Miami-Dade and Broward from last year's levels

Miami /
Oct.October 21, 2017 10:00 AM

Hurricane Irma blew a hole in South Florida’s hotel industry last month.

Irma hit South Florida on Sept. 10 and depressed hotel occupancy rates in Miami-Dade and Broward counties due to hotel property damage and evacuations ahead of the hurricane.

Tennessee-based STR, a hotel industry research firm, reported that the September occupancy rate in Miami-Dade fell to 59.3 percent from 68.4 percent last year. But the average daily room rate rose to $144.48 from $140.49 last year.

The September vacancy rate in Broward dropped to 63.7 percent from 67.8 percent last year, and the average daily room rate increased to $116.03 from $105.47 last year.

In Palm Beach County, however, hotel occupancy increased to 64.1 percent from 61.9 percent last year. The average daily rate rose to $120.85 from $116.57 last year.

Wind and water damage from Hurricane Irma temporarily closed several South Florida hotels including the Pier 66 Hotel & Marina in Fort Lauderdale, which is expected to reopen Monday. Seventy of its 382 rooms will remain temporarily closed, however, due to water damage from a breached roof.

The Sheraton Suites Fort Lauderdale remains closed for repairs to water-damaged rooms on higher floors. The general manager, John Moorhead, told the Sun-Sentinel the 253-room, all-suite hotel on Cypress Creek Road may reopen in late November.

The Sun-Sentinel also reported that the Bahia Cabana Resort along Fort Lauderdale’s beachfront will remain closed due to hurricane damage “until further notice,” according a notice posted on the front door of the 70-room resort. [Sun-Sentinel] — Mike Seemuth


Related Articles

arrow_forward_ios
Red South Beach at 3010 Collins Avenue, Tom Assouline and August “Gussie” Busch (Instagram/gussiebusch, Google Maps, Getty)
Busch family partners with Assouline Capital to buy Red South Beach hotel
Busch family partners with Assouline Capital to buy Red South Beach hotel
Electra America's Joe Lubeck with rendering of Southplace City Center (Electra America)
Electra America JV plans $1B mixed-use redevelopment of Southland Mall
Electra America JV plans $1B mixed-use redevelopment of Southland Mall
Allied Partners founder Eric Hadar and The Savoy Hotel & Beach Club at 425 Ocean Drive (Google Maps, Getty)
Investor seeks $50M for allegedly botched Ocean Drive hotel repairs
Investor seeks $50M for allegedly botched Ocean Drive hotel repairs
2100 Northwest Miami Court, 2101 Northwest First Avenue and 2127 Northwest First Avenue (Google Maps, Getty)
Another Wynwood dev site hits market asking above $30M
Another Wynwood dev site hits market asking above $30M
LM Restaurants' Lou Maoshakos and an aerial view of 1755 Southeast Third Court in Deerfield Beach (Facebook/LM Restaurants, Google Maps)
LM Restaurants plans waterfront eatery, hotel in Deerfield Beach
LM Restaurants plans waterfront eatery, hotel in Deerfield Beach
Rendering of the project at 1360 Collins Avenue (Getty)
Miami Beach OKs apartment building conversion to boutique hotel
Miami Beach OKs apartment building conversion to boutique hotel
From left: Steve Witkoff, Monroe Capital’s Theodore Koenig, and Alex Witkoff with the Shore Club
Shore Club to become Auberge: Witkoff, Monroe’s redevelopment approval stands
Shore Club to become Auberge: Witkoff, Monroe’s redevelopment approval stands
Highgate's Mehdi Khimji and Mahmood Khimji with 7401 Northwest 36th Street and 3501 Le Jeune Road (Highgate, Wyndham Hotels)
Highgate sells two Miami-Dade La Quinta Inn hotels for $33M
Highgate sells two Miami-Dade La Quinta Inn hotels for $33M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...