South Florida Hotels Optimistic For Winter
From Miami Herald:
Demand Is Up; Not So For Rates, Profits
The winter shouldn't be quite as harsh for tourism this time around. As Art Basel Miami Beach heralds the unofficial launch of the “high'' tourism season this week, demand has finally begun to rise for trips to South Florida. That could signal a turning point for a hotel market besieged by discounted rates and weak demand, trends that have pushed some of the region's flashiest hotels to the brink of foreclosure. Click here for the full story.
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