Fontainebleau’s ‘Worst Three Weeks In 15 Years’ As Zika Worries Mount

There are signs that Zika is hitting Miami’s hotel industry hard, according to the Herald.

  • The Fontainebleau resort suffered their worst three week period in 15 years, a city of Miami Beach memo stated. At least sixteen groups have cancelled, impacting business into 2017
  • Miami Beach revenue per available room dropped 11.1 percent compared to 2015 in the most recent week for which data is available, the third week in a row of significant decline
  • Even mainland hotels are reporting weak bookings, including for the Art Basel period

Until now, Miami hotels have been enjoying year after year of record breaking results. In August, hotel revenue in Miami Beach was up 7 percent over last year, a new record.