Hotels in South Florida showed year-over-year gains in occupancy and nightly rates last month, according to data released recently by travel research firm STR.
In Miami-Dade, hotels were more than 69 percent full, an increase of nearly 5 percentage points compared to the same time in 2013. Average daily rates jumped 5 percent to nearly $133.50, while per-room revenue leapt more than 10 percent to $92.38.
Broward hotel occupancy increased by more than 8 percentage points to 64.5 percent. Average daily rates were more than $96, up more than 4 percent. Revenue per available room jumped nearly 13 percent to $62.05.
In the Florida Keys, hotels were more than 61 percent full, a slight increase of just over one percentage point. Rates were up a little more than 3 percent to $183.26, while per-room revenue increased 4.5 percent to $112.51.
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