Miami-Dade Hotels: What Recession?
From The Miami-Herald
Miami-Dade Hotels: What Recession?
A strong tourism rebound has moved Miami-Dade’s hotel market past the recovery phase and into expansion. The already strong hotel rebound picked up steam this fall.
Miami-Dade just released its November hotel tax report, and it includes some startling numbers. The countywide hotel tax is up 35 percent, while hotel taxes charged mostly on the Miami-Dade mainland are up 47 percent.
This may be a fluke of timing or big events, and we’ll see if a big chunk of those gains are given back in December. But there’s no mistaking that the hotel industry as a whole has left the recession well behind in Miami-Dade. Click here for the full story.
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