What’s Happening: February 1, 2016

TOP STORY – TOP 25 MARKETS: DECEMBER 2015
DEMAND FOR TRAVEL TO GREATER MIAMI & THE BEACHES DURING DECEMBER 2015 REMAINED STRONG RANKING #3 IN AVERAGE DAILY ROOM RATE (ADR), #3 IN REVENUE PER AVAILABLE ROOM (REVPAR) AND #3 IN HOTEL ROOM OCCUPANCY AMONG THE TOP 25 U.S. MARKETS AS DEFINED BY SMITH TRAVEL RESEARCH.

 December 2015 – Miami #3

Average Daily Room Rate (ADR)

December 2015

December 2014

% Change vs. 2014

$240.77

$232.47

+3.6%

Revenue Per Available Room (RevPar)

December 2015

December 2014

% Change vs. 2014

$184.90

$181.51

+1.9%

Average Daily Occupancy

December 2015

December 2014

% Change vs. 2014

76.8%

78.1%

-1.6%

Monthly Room Supply

December 2015

December 2014

% Change vs. 2014

51,787

50,020

+3.5%

Monthly Rooms Sold

December 2015

December 2014

% Change vs. 2014

1,232,878

1,210,699

+1.8%

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