Slight improvement seen for hotels in June
07/23/2014 7:16 PM
07/23/2014 8:12 PM
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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