What’s Happening: February 8, 2016

TOP STORY – TOP 25 MARKETS: JANUARY – DECEMBER 2015
DEMAND FOR TRAVEL TO GREATER MIAMI & THE BEACHES DURING JANUARY – DECEMBER 2015 WITH #4 RANKING IN REVENUE PER AVAILABLE ROOM (REVPAR), #4 IN AVERAGE DAILY ROOM RATE (ADR) AND #6 IN HOTEL ROOM OCCUPANCY AMONG THE TOP 25 U.S. MARKETS AS DEFINED BY SMITH TRAVEL RESEARCH.

 January – December 2015

 Revenue Per Available Room (RevPar) – Miami #4

Jan. – Dec. 2015

Jan. – Dec. 2014

% Change vs. 2014

$152.83

$144.21

+6.0%

Average Daily Room Rate (ADR) – Miami #4

Jan. – Dec. 2015

Jan. – Dec. 2014

% Change vs. 2014

$195.75

$184.79

+5.9%

Average Daily Occupancy – Miami #6

Jan. – Dec. 2015

Jan. – Dec. 2014

% Change vs. 2014

78.1%

78.0%

+0.1%

Monthly Room Supply

Jan. – Dec. 2015

Jan. – Dec. 2014

% Change vs. 2014

 50,775

 48,999

+3.6%

Monthly Rooms Sold

Jan. – Dec. 2015

Jan. – Dec. 2014

% Change vs. 2014

14,470,258

13,957,205

+3.7%

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