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Hotels In Miami Have Already Recovered From The Zika Effect

Miami hotels exceeded their pre-zika levels in April, according to research firm STR (via Miami Today).

During the month, overall Miami-Dade hotel revenue was up 7.9% from April 2016 (before mosquito-borne Zika had been announced in the area).

A 5.5% increase in demand outstripped a 4.6% rise in supply, leading to Revpar gain of  3.2% to $168.51. The average daily rate increased to $207.94, up 2.3%.

The April recovery helped to make for losses earlier in the year. Overall demand for rooms during the first four months of 2017 actually went up 4.9%, but revenue is down 1.6% and occupancy is down 0.6%.

 

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10 Comments on "Hotels In Miami Have Already Recovered From The Zika Effect"

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Anonymous
Anonymous

State and Miami-Dade County moved fast to contain Zika.. nice work.

Anonymous
Anonymous

Isn’t there a mosquito ‘season’? Zika may return during this summer during when the mosquito population expand.

Anonymous
Anonymous

I think mosquito season started here some time around late February I think.

Anonymous
Anonymous

and ends around late November.

Anonymous
Anonymous

Haven’t you seen the announcement about mosquito spraying that was reported at least two weeks ago?

Anonymous
Anonymous

Please please pleasseee bring back the last design and build that!!!

Anonymous
Anonymous

Will it make the Worldcenter Marriott look better than the half-assed watered-down proposal?

Anonymous
Anonymous

Is there a time table when this will get built? Hope they bring back the old design

Danny
Danny

Wish I was related to Rick Scott and the Zika contractors.

Anonymous
Anonymous

The new Zika is Airbnb ….. not the mosquito

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