What’s Happening: September 22, 2014

HOSPITALITY JOBS, JOBS, JOBS…
RECORD ACCOMMODATIONS AND FOOD SERVICE JOBS IN GREATER MIAMI AND THE BEACHES REPORTED FOR AUGUST 2014 MARKING 4 YEARS AND 8 MONTHS OF CONSECUTIVE JOB INCREASES
Greater Miami’s Accommodations and Food Service jobs increased +2.5% in August 2014 compared to the same period in 2013. This marks 4 years and 8 months of consecutive increased employment in Greater Miami’s Accommodations and Food Service Industry.

Record Greater Miami Accommodations and Food Service Jobs

August 2014

August 2013

% Change

113,600

110,800

+2.5%

To view the entire What’s Happening, click here.

What’s Happening: September 15, 2014

TOP STORY – RECORD MIAMI INTERNATIONAL AIRPORT ARRIVALS FOR JANUARY – JULY 2014
Total passenger arrivals at Miami International Airport (MIA) increased in the months of January – July  2014 by 1.4%.

Record MIA Passenger Arrivals

Total Arrivals

January – July 2014

January – July 2013

% Change vs. 2013

12,288,698

12,117,884

+1.4%

To view the entire What’s Happening, click here.

What’s Happening: September 8, 2014

RECORD TOURIST-RELATED TAX COLLECTIONS
In July 2014, Miami-Dade County reported record collections for the 2% Hotel Food and Beverage Tax collections from hotels in Miami-Dade (excluding Miami Beach, Bal Harbour and Surfside), which increased 7.5% compared to the same time in 2013. The 3% Convention Development Tax (CDT) was also a record, increasing 4.2% compared to the same time in 2013. The 2% Tourist Development Tax (TDT) record collections for Greater Miami (excluding Miami Beach, Bal Harbour and Surfside) increased 3.6% compared to the same time in 2013.

Record Miami-Dade County Tax Collections

2% Hotel Food & Beverage Tax

July 2014

July 2013

% Change vs. 2013

$449,110

$417,822

+7.5%

3% Convention Development Tax

July 2014

July 2014

% Change vs. 2013

$4,703,235

$4,515,004

+4.2%

2% Tourist Development Tax

July 2014

July 2013

% Change vs. 2013

$1,515,098

$1,461,768

+3.6%

To view the entire What’s Happening, click here.

What’s Happening: September 1, 2014

TOP STORY – RECORD MIAMI TRAVEL & TOURISM NUMBERS JANUARY – JULY 2014

Demand for travel to Greater Miami & The Beaches hit a new record for January – July 2014, ranking #4 in Revenue Per Available Room (RevPAR), #4 in Average Daily Room Rate (ADR) and #4 in Hotel Room Occupancy Among the Top 25 U.S. markets.

Record January – July 2014

Average Revenue Per Available Room (RevPAR)

Market

Rate

% Change vs. 2013

1. New York

$203.12

    +2.2%

2. Oahu Island

$184.91

   +5.3%

3. San Francisco

$164.77

    +13.6%

4. Miami

$156.92

    +6.1%

5. Boston

$126.70

    +11.2%

Average Daily Room Rate (ADR)

Market

Rate

% Change vs. 2013

1. New York

$244.13

+2.1%

2. Oahu Island

$218.39

  +5.2%

3. San Francisco

$198.05

  +11.3%

4. Miami

$195.02

  +5.2%

5. Boston

$170.50

   +7.1%

Average Occupancy

Market

% Occupancy

% Change vs. 2013

1. Oahu Island

84.7%

 +0.1%

2. New York

83.2%

  +0.1%

3. San Francisco

83.2%

  +2.1%

4. Miami

80.5%

   +0.9%

5. Los Angeles

80.3%

   +3.6%

To view the entire What’s Happening, click here.

What’s Happening: August 24, 2014

TOP STORY – PORTMIAMI HITS RECORD NUMBER OF PASSENGERS
January – June 2014, passengers through the PortMiami  reached record levels with an increase of 27.2% compared to the same time last year. Sustained growth is due in part to the arrival of new, larger vessels and the variety of cruise options offered by PortMiami.

Record PortMiami Passengers

January – June 2014

January – June 2013

% Change

2,839,099

2,231,520

+27.2%

To view the entire What’s Happening, click here.

What’s Happening: August 18, 2014

HOSPITALITY JOBS, JOBS, JOBS…
RECORD ACCOMMODATIONS AND FOOD SERVICE JOBS IN GREATER MIAMI AND THE BEACHES REPORTED FOR JULY 2014 MARKING 4 YEARS AND 7 MONTHS OF CONSECUTIVE JOB INCREASES
Greater Miami’s Accommodations and Food Service jobs increased +3.5% in July 2014 compared to the same period in 2013. This marks 4 years and 7 months of consecutive increased employment in Greater Miami’s Accommodations and Food Service Industry.

Record Greater Miami Accommodations and Food Service Jobs

July 2014

July 2013

% Change

114,100

110,300

+3.5%

To view the entire What’s Happening, click here.

What’s Happening: August 10, 2014

RECORD TOURIST-RELATED TAX COLLECTIONS
In the months of January – June, Miami-Dade County reported collections for the 1% Hotel Food and Beverage Tax collections from hotels in Miami-Dade (excluding Miami Beach, Bal Harbour and Surfside) increased 9.1% compared to the same time in 2014.  The 3% Convention Development Tax (CDT) increased 7.8% compared to the same time last year in 2014. The 2% Tourist Development Tax (TDT) collections for Greater Miami (excluding Miami Beach, Bal Harbour and Surfside) increased 7.8% compared to 2014.

In the months of January – June, the City of Miami Beach reported collections for the 3% Room increased 5.8% % compared to 2014 and the 2% Food and Beverage Tax collections for the City of Miami Beach increased 0.4% compared to 2014.

Record Miami-Dade County Tax Collections

1% Food & Beverage Tax

January – June 2014

January – June 2013

% Change vs. 2013

$11,603,437

$10,635,346

+9.1%

3% Convention Development Tax

January – June 2014

January – June 2013

% Change vs. 2013

$40,923,073

$37,953,375

+7.8%

2% Tourist Development  Tax

January – June 2014

January – June 2013

% Change vs. 2013

$13,763,842

$12,764,994

+7.8%

Record Miami Beach Tax Collections

3% Resort Tax

January – June 2014

January – June 2013

% Change vs. 2013

$20,410,842

$19,292,054

+5.8%

2% Hotel Food & Beverage Tax

January – June 2014

January – June 2013

% Change vs. 2013

$14,540,724

$14,476,789

+0.4%

To view the entire What’s Happening, click here.

What’s Happening: August 4, 2014

TOP STORY – RECORD MIAMI INTERNATIONAL AIRPORT ARRIVALS FOR JANUARY – JUNE 2014
Total passenger arrivals at Miami International Airport (MIA) increased in the months of January – June  2014 by 1.7%.

Record MIA Passenger Arrivals

Total Arrivals

January – June 2014

January – June 2013

% Change vs. 2013

10,407,748

10,234,795

+1.7%

To view the entire What’s Happening, click here.

What’s Happening: July 27, 2014

TOP STORY – RECORD HOTEL RANKINGS FOR GREATER MIAMI IN JANUARY – JUNE 2014

DEMAND FOR TRAVEL TO GREATER MIAMI & THE BEACHES CONTINUES TO REMAIN STRONG JANUARY – JUNE 2014 RANKING #3 IN REVENUE PER AVAILABLE ROOM (REVPAR), #3 IN AVERAGE DAILY ROOM RATE (ADR) AND #4 IN HOTEL ROOM OCCUPANCY AMONG THE TOP 25 U.S. MARKETS

Record January – June 2014

Average Revenue Per Available Room (RevPAR)

Market

Rate

% Change vs. 2013

1. New York

$203.14

    +2.3%

2. Oahu Island

$179.69

   +4.2%

3. Miami

$164.67

    +6.3%

4. San Francisco

$160.03

    +13.9%

5. Boston

$121.54

    +10.2%

Average Daily Room Rate (ADR)

Market

Rate

% Change vs. 2013

1. New York

$245.98

+2.2%

2. Oahu Island

$214.92

  +4.9%

3. Miami

$202.57

  +5.4%

4. San Francisco

$195.09

  +11.3%

5. Boston

$168.74

   +6.5%

Average Occupancy

Market

% Occupancy

% Change vs. 2013

1. Oahu Island

83.6%

 -0.6%

2. New York

82.6%

  +0.1%

3. San Francisco

82.0%

  +2.3%

4. Miami

81.3%

   +0.8%

5. Los Angeles

79.1%

   +3.9%

To view the entire What’s Happening, click here.

What’s Happening: July 21, 2014

HOSPITALITY JOBS, JOBS, JOBS…
RECORD ACCOMMODATIONS AND FOOD SERVICE JOBS IN GREATER MIAMI AND THE BEACHES REPORTED FOR JUNE 2014 MARKING 4 YEARS AND 6 MONTHS OF CONSECUTIVE JOB INCREASES
Greater Miami’s Accommodations and Food Service jobs increased +3.1% in June 2014 compared to the same period in 2013. This marks 4 years and 6 months of consecutive increased employment in Greater Miami’s Accommodations and Food Service Industry.

Record Greater Miami Accommodations and Food Service Jobs

June 2014

June 2013

% Change

115,700

112,200

+3.1%

To view the entire What’s Happening, click here.