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%.