Business

July 23, 2014

Slight improvement seen for hotels in June

South Florida hotels showed slight gains in June, according to data released this week by travel research firm STR.

South Florida hotels showed slight gains in June, according to data released this week by travel research firm STR.

Miami-Dade lodgings were 73.7 percent full, an increase of less than a percentage point compared to a year earlier. Room rates inched up 3 percent to an average of $143.69 a night, and per-room revenue saw a bump of nearly 4 percent to almost $106.

Increases were modest in Broward as well, where hotels reported occupancy of 71.6. That’s up 1.3 percentage points from the previous year, while room rates jumped about 4 percent to just over $104. Revenue per available room increased 5.5 percent to $74.48.

In the Florida Keys, occupancy was just over 81 percent, an increase of 1.5 percentage points. Average daily rates jumped 5.7 percent to nearly $220, and per-room revenue was up 7.3 percent to more than $178.

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