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(Credit: iStock)

Hotel occupancy is up for fifth week in a row

Hotel occupancy increased for the fifth week in a row, though the industry remains in a deep rut. U.S....

Hotel occupancy is up for fifth week in a row

A Disney resort hotel in Kissimmee, Florida and Galveston, Texas with STR senior vice president Jan Freitag (Credit: MARK FELIX/AFP /AFP and DANIEL SLIM/AFP via Getty Images)

Resort-town hotels bounce back in reopening states, providing industry with hope of a return

Hotels bounced back last week at tourist destinations in states like Florida and Texas which have begun reopening — a sign that the industry...

Resort-town hotels bounce back in reopening states, providing industry with hope of a return
Four Seasons at 30 Park Place and Trump Hotel & Tower at 1 Central Park West (Credit: iStock, 30 Park Place, Trump Hotels) 

US hotel occupancy inches down to 21%

The hotel industry’s nightmare continued last week as occupancy nationwide dipped to a meager 21 percent. The country’s occupancy rate for the week ending April 11 was one point worse than a week ago...

US hotel occupancy inches down to 21%
Hotels across the country — including the Plaza Hotel in New York and Chateau Marmont in LA — have shuttered and laid off and furloughed staffers. (Credit: Keith Birmingham/MediaNews Group/Pasadena Star-News via Getty Images; iStock)

Miami hotels see 60% drop in room rates

The picture for the country’s hotels continued to grow ever worse last week, as more than three quarters of the nation’s hotel rooms sat vacant. Nationwide, occupancy fell almost 68 percent to an occupancy...

Miami hotels see 60% drop in room rates
Daily Digest Miami

Forever 21’s Lincoln Road store among planned closures, downtown Miami office building hits the market: Daily digest

Every day, The Real Deal rounds up South Florida’s biggest real estate news, from breaking news and scoops to announcements and deals. We update...

Forever 21’s Lincoln Road store among planned closures, downtown Miami office building hits the market: Daily digest
March hotel occupancy dips in Broward, rises in Miami-Dade, Palm Beach

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

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

March hotel occupancy dips in Broward, rises in Miami-Dade, Palm Beach
October occupancy increased at South Florida hotels

October occupancy increased at South Florida hotels

October occupancy rates rose from last year’s levels at South Florida hotels, offsetting the business slowdown that Hurricane Irma...

October occupancy increased at South Florida hotels
The Pier 66 Hotel & Marina in Fort Lauderdale

Hurricane Irma hurt hoteliers in September

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...

Hurricane Irma hurt hoteliers in September
August hotel occupancy, room rates rose across South Florida

August hotel occupancy, room rates rose across South Florida

August occupancy rates and daily room rates rose from last year’s levels throughout tri-county South Florida, according to hotel...

August hotel occupancy, room rates rose across South Florida
July hotel occupancy increased in Miami-Dade and Broward

July hotel occupancy increased in Miami-Dade and Broward

July occupancy rates rose at hotels in Miami-Dade and Broward counties from last year’s levels but declined in Palm...

July hotel occupancy increased in Miami-Dade and Broward
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