What’s Happening: July 13, 2015

TOP STORY – RECORD MIAMI INTERNATIONAL AIRPORT ARRIVALS FOR JANUARY – MAY 2015
During the months of January – May 2015, domestic passenger arrivals into Miami International Airport (MIA) increased by 6.7% compared to 2014. International passenger arrivals increased by 4.7% while total passenger arrivals increased 5.7% compared to the same time last year.

Record MIA Passenger Arrivals

Domestic Arrivals

January – May 2015

January – May 2014

% Change vs. 2014

4,764,454

4,464,373

+6.7%

International Arrivals

January – May 2015

January – May 2014

% Change vs. 2014

4,446,428

4,247,259

+4.7%

Total Arrivals

January – May 2015

January – May 2014

% Change vs. 2014

9,210,882

8,711,632

+5.7%

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

What’s Happening: July 6, 2015

TOP STORY: RECORD TOURIST-RELATED TAX COLLECTIONS
During the month of May 2015, Miami-Dade County’s reported collections for the 3% Convention Development Tax (CDT) collections for Greater Miami (excluding Bal Harbour and Surfside) showed an increase of 3.4% compared to the same time in 2015. The 2% Tourist Development Tax (TDT) for Greater Miami (excluding Miami Beach, Bal Harbour and Surfside) also showed an increase of 3.4% compared to the same time in 2015, while the 2% Hotel Food and Beverage Tax collections from hotels in Miami-Dade (excluding Miami Beach, Bal Harbour and Surfside) showed an increase of 1.9% compared to the same time in 2015.

Record Miami-Dade County Tax Collections

3% Convention Development Tax

May 2015

May 2014

% Change vs. 2014

$5,942,588

$5,744,652

+3.4%

2% Tourist Development Tax

May 2015

May 2014

% Change vs. 2014

$1,992,655

$1,962,527

+3.4%

2% Hotel Food & Beverage Tax

May 2015

May 2014

% Change vs. 2014

$724,268

$710,855

+1.9%

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

What’s Happening: June 29, 2015

TOP STORY – TOP 25 MARKETS: JANUARY – MAY 2015
DEMAND FOR TRAVEL TO GREATER MIAMI & THE BEACHES DURING JANUARY – MAY 2015 REMAINED STRONG WITH RECORD #1 RANKING IN REVENUE PER AVAILABLE ROOM (REVPAR), RECORD #2 IN AVERAGE DAILY ROOM RATE (ADR) AND #2 IN HOTEL ROOM OCCUPANCY AMONG THE TOP 25 U.S. MARKETS AS DEFINED BY SMITH TRAVEL RESEARCH.

 January – May 2015 – Miami #1

Record Revenue Per Available Room (RevPAR)

January – May 2015

January – May 2014

% Change vs. 2014

$189.48

$175.71

+7.8%

January – May 2015 – Miami #2

Record Average Daily Room Rate (ADR)

January – May 2015

January – May 2014

% Change vs. 2014

$229.40

$212.38

+8.0%

Average Daily Occupancy

January – May 2015

January – May 2014

% Change vs. 2014

82.6%

82.7%

-0.2%

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

What’s Happening: June 22, 2015

HOSPITALITY JOBS, JOBS, JOBS…
RECORD ACCOMMODATIONS AND FOOD SERVICE JOBS IN GREATER MIAMI AND THE BEACHES REPORTED FOR MAY 2015 MARKING 5 YEARS AND 5 MONTHS OF CONSECUTIVE JOB INCREASES
Greater Miami’s Accommodations and Food Service jobs increased 4.3% in May 2015 compared to the same period in 2014. This marks 5 years and 5 months of consecutive increased employment in Greater Miami’s Accommodations and Food Service Industry.

Record Greater Miami Accommodations and Food Service Jobs

May 2015

May 2014

% Change

121,000

116,000

+4.3%

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

What’s Happening: June 15, 2015

TOP STORY: RECORD MIAMI INTERNATIONAL AIRPORT ARRIVALS FOR JANUARY – APRIL 2015
During the months of January – April 2015, domestic passenger arrivals into Miami International Airport (MIA) increased by 6.2% compared to 2014. International passenger arrivals increased by 3.8% while total passenger arrivals increased 5.0% compared to the same time last year.

Record MIA Passenger Arrivals

International Arrivals

Jan. – April 2015

Jan. – April 2014

% Change vs. 2014

3,776,757

3,555,471

+6.2%

Domestic Arrivals

Jan. – April 2015

Jan. – April 2014

% Change vs. 2014

3,579,411

3,448,829

+3.8%

Total Arrivals

Jan. – April  2015

Jan. – April 2014

% Change vs. 2014

7,356,168

7,004,300

+5.0%

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

What’s Happening: June 8, 2015

 

TOP STORY: RECORD TOURIST-RELATED TAX COLLECTIONS
During the month of April 2015, Miami-Dade County’s reported collections for the 3% Convention Development Tax (CDT) collections for Greater Miami (excluding Bal Harbour and Surfside) showed an increase of 9.0% compared to the same time in 2014. The 2% Tourist Development Tax (TDT) for Greater Miami (excluding Miami Beach, Bal Harbour and Surfside) showed an increase of 8.7% compared to the same time in 2014, while the 2% Hotel Food and Beverage Tax collections from hotels in Miami-Dade (excluding Miami Beach, Bal Harbour and Surfside) showed an increase of 5.0% compared to the same time in 2014.

Record Miami-Dade County Tax Collections

3% Convention Development Tax

April 2015

April 2014

% Change vs. 2014

$7,225,790

$6,627,102

+9.0%

2% Tourist Development Tax

April 2015

April 2014

% Change vs. 2014

$2,317,126

$2,131,494

+8.7%

2% Hotel Food & Beverage Tax

April 2015

April 2014

% Change vs. 2014

$694,203

$660,964

+5.0%

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

What’s Happening: June 1, 2015

TOP STORY – TOP 25 MARKETS: RECORD JANUARY – APRIL 2015
RECORD DEMAND FOR TRAVEL TO GREATER MIAMI & THE BEACHES DURING JANUARY – APRIL 2015 WITH #1 RANKING IN REVENUE PER AVAILABLE ROOM (REVPAR), #1 IN AVERAGE DAILY ROOM RATE (ADR) AND #1 IN HOTEL ROOM OCCUPANCY AMONG THE TOP 25 U.S. MARKETS AS DEFINED BY SMITH TRAVEL RESEARCH.

Record January – April 2015 – Miami #1

#1 – Revenue Per Available Room (RevPAR)

January – April 2015

January – April 2014

% Change vs. 2014

$203.49

$186.81

+8.9%

# 1 – Average Daily Room Rate (ADR)

January – April 2015

January – April 2014

% Change vs. 2014

$241.70

$222.77

+8.5%

#1 – Average Daily Occupancy

January – April 2015

January – April 2014

% Change vs. 2014

84.2%

83.9%

+0.4%

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

What’s Happening: May 25, 2015

HOSPITALITY JOBS, JOBS, JOBS…
RECORD ACCOMMODATIONS AND FOOD SERVICE JOBS IN GREATER MIAMI AND THE BEACHES REPORTED FOR APRIL 2015 MARKING 5 YEARS AND 4 MONTHS OF CONSECUTIVE JOB INCREASES
Greater Miami’s Accommodations and Food Service jobs increased 4.5% in April 2015 compared to the same period in 2014. This marks 5 years and 4 months of consecutive increased employment in Greater Miami’s Accommodations and Food Service Industry.

Record Greater Miami Accommodations and Food Service Jobs

April 2015

April 2014

% Change

121,800

116,600

+4.5%

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

What’s Happening: May 18, 2015

TOP STORY – PORTMIAMI PASSENGERS HIT RECORD LEVELS
In the months of January – March 2015, passengers through PortMiami reached record levels with an increase of +3.2% 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 – March 2015

January – March 2014

% Change

1,604,283

1,554,385

+3.2%

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

What’s Happening: May 11, 2015

TOP STORY: RECORD TOURIST-RELATED TAX COLLECTIONS
During the month of March 2015, Miami-Dade County’s reported collections for the 2% Tourist Development Tax (TDT) for Greater Miami (excluding Miami Beach, Bal Harbour and Surfside) showed an increase of 11.1% compared to the same time in 2014. The 3% Convention Development Tax (CDT) collections for Greater Miami (excluding Bal Harbour and Surfside) showed an increase of 9.5% compared to the same time in 2014, while the 2% Hotel Food and Beverage Tax collections from hotels in Miami-Dade (excluding Miami Beach, Bal Harbour and Surfside) showed an increase of 9.4% compared to the same time in 2014.

Record Miami-Dade County Tax Collections

2% Tourist Development Tax

March 2015

March 2014

% Change vs. 2014

$3,178,800

$2,862,300

+11.1%

3% Convention Development Tax

March 2015

March 2014

% Change vs. 2014

$9,396,000

$8,579,000

+9.5%

2% Hotel Food & Beverage Tax

March 2015

March 2014

% Change vs. 2014

$794,300

$726,200

+9.4%

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

.