What’s Happening: December 28, 2016

TOP STORY – TOP 25 MARKETS: JANUARY – NOVEMBER 2015
DEMAND FOR TRAVEL TO GREATER MIAMI & THE BEACHES DURING JANUARY – NOVEMBER 2015 REMAINED STRONG WITH #4 RECORD IN REVENUE PER AVAILABLE ROOM (REVPAR), #4 RECORD RANKING IN AVERAGE DAILY ROOM RATE (ADR) AND #7 IN HOTEL ROOM OCCUPANCY AMONG THE TOP 25 U.S. MARKETS AS DEFINED BY SMITH TRAVEL RESEARCH. DURING THIS SAME TIME PERIOD, HOTEL ROOM INVENTORY GREW 3.6% AND DEMAND GREW 3.9%. 

 January – November 2015

Record Revenue Per Available Room (RevPAR)

January – November 2015

January – November 2014

% Change vs. 2014

$149.79

$140.67

+6.5%

Record Average Daily Room Rate (ADR)

January – November 2015

January – November 2014

% Change vs. 2014

$191.54

$180.26

+6.3%

Average Daily Occupancy

January – November 2015

January – November 2014

% Change vs. 2014

78.2%

78.0%

+0.2%

Monthly Room Supply

January – November 2015

January – November 2014

% Change vs. 2014

16,928,891

16,334,240

+3.6%

Monthly Rooms Sold

January – November 2015

January – November 2014

% Change vs. 2014

13,238,271

12,746,506

+3.9%

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