March hotel occupancy dips in Broward, rises in Miami-Dade, Palm Beach

An increase in the number of available rooms appears to have contributed to Broward County's decline in hotel occupancy

TRD MIAMI /
Apr.April 28, 2018 01:40 PM

Ritz-Carlton South Beach

Hotel occupancy in March increased in Miami-Dade and Palm Beach counties and fell slightly in Broward County, according to hotel data specialist STR.

 

Hotel occupancy in Miami-Dade rose to 87.9 percent in March from 85.7 percent in the same month last year, and the average daily room rate in March was $268.22, up from $232.86 last year.

The average daily room rate also jumped in Broward County to $204.44 in March from $180.31 in the same month last year. But the county’s hotel occupancy rate dropped to 86.9 percent from 87.7 percent in March 2017.

Stacy Ritter, president of thee Greater Fort Lauderdale Convention & Visitors Bureau, said hotel occupancy in Broward dropped from the levels of last year because the number of available rooms in the county increased in the last 12 months by 795 to 31,044.

STR also reported that Palm Beach County’s hotel occupancy rate in March increased to 88.6 percent from 87.1 percent last year. [Sun-Sentinel] – Mike Seemuth

 

Related Articles

arrow_forward_ios
From left: 1900 Collins Avenue (Top), 229 19th Street, 1925 Liberty Avenue and 227 19th Street (Credit: Google Maps)

Contractor alleges unpaid work at Lennox Miami Beach hotel, amid legal battle between father-in-law and son-in-law

Contractor alleges unpaid work at Lennox Miami Beach hotel, amid legal battle between father-in-law and son-in-law
Jeff Ardizon and Robert Suris with 950 West 49th Street, Hialeah

Estate Companies buys shuttered Hialeah Ramada for $15M

Estate Companies buys shuttered Hialeah Ramada for $15M
Faena Hotel Miami Beach and Eau Palm Beach (Faena, Eau Palm Beach)

Faena Hotel, Eau Palm Beach Resort among latest to lay off hundreds

Faena Hotel, Eau Palm Beach Resort among latest to lay off hundreds
Shelborne South Beach

Shelborne South Beach unit owners lose appeal contesting $30M in assessments

Shelborne South Beach unit owners lose appeal contesting $30M in assessments
From left: The Fontainebleau Miami Beach, Shore Club and Clevelander South Beach 

Record-breaking surge in Covid cases spells trouble for South Florida’s hotel market

Record-breaking surge in Covid cases spells trouble for South Florida’s hotel market
Clevelander South Beach

Party’s over: Clevelander South Beach closes after employee tests positive for Covid

Party’s over: Clevelander South Beach closes after employee tests positive for Covid
Lennox Miami Beach

Lennox Miami Beach hotel exec sues father-in-law for ousting him: lawsuit

Lennox Miami Beach hotel exec sues father-in-law for ousting him: lawsuit
citizenM founder Rattan Chadha, Russell Galbut and a rendering of 1212 Lincoln

CitizenM buys hotel portion of Crescent Heights’ 1212 Lincoln project

CitizenM buys hotel portion of Crescent Heights’ 1212 Lincoln project
arrow_forward_ios

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

Loading...