Hotel occupancy, rates inch up in April
South Florida hotel occupancy barely budged last month compared to a year earlier, but room rates continued their steady climb.
According to data released recently by travel research firm STR, Miami-Dade hotels were just over 82 percent full in April. That’s up very slightly from the same time in 2014, but average daily rates jumped 6 percent to more than $214. Revenue per available room increased 6.3 percent to nearly $176.
In Broward, occupancy increased from 81.4 to 82.4 percent, with rates up 4.5 percent to almost $147. Per-room revenue increased to more than $121, a nearly 6 percent jump.
The Florida Keys saw occupancy of nearly 84 percent, up from 82.1 percent. Rates ticked up a bit to about $300, and per-room revenue incrased 3.3 percent to more than $252.
This story was originally published May 26, 2015 at 6:28 PM with the headline "Hotel occupancy, rates inch up in April."