Miami Expected To Shatter Record For Hotel Prices During Super Bowl Weekend; Airbnb Also Seeing Surge

No other Super Bowl host city in America has ever seen hotel rates anywhere near as high as Miami is forecast to achieve this weekend.

Not even close.

The average daily hotel room rate in the Miami-Hialeah is expected to be $520 to $540 per night from Friday through Sunday, according to research firm STR as first reported in the WSJ.

If Miami does see those prices, the average rate will be around 30% higher than any other Super Bowl in history. The previous record was in 2016, when rates in San Francisco/San Jose reached $402.

Miami normally sees high rates and occupancy this time of year, but the rates for this weekend are forecast to be 110% to 120% higher than they would usually be.

The last Super Bowl held in Miami in 2010 saw room rates in the low to mid $300s per night. The area has added another 10,000 hotel rooms in inventory since then.

Airbnb also says it is doing strong business, with 70,000 individual guest bookings in Miami-Dade and Broward this week resulting in $26 million in host income.

In contrast, Airbnb welcomed just 14,000 guests and generated only $4 million in host revenue during Super Bowl week in Atlanta last year.

 

The top guest origins for Airbnb in Miami:

  • 1 – New York City, NY
  • 1 – Buenos Aires, Argentina
  • 1 – Chicago, IL
  • 1 – Santiago, Chile
  • 1 – Atlanta, GA
  • 6 – Los Angeles, CA
  • 7 – Toronto, Canada
  • 8 – Brooklyn, NY
  • 9 – London, UK
  • 10 – San Francisco

 

This Holiday Inn on Biscayne Boulevard is sold out for the weekend:

(photo: phillip pessar)

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Anonymous
11 months ago

Miami needs more world-class events.. bring back F1 racing

Anonymous
11 months ago

I agree. I just can’t wrap my head around F1 and freaking Miami Gardens. Does not compute.

Anonymous
11 months ago

Find first solutions with the sea level rise and then you check for futures events.

Anonymous
11 months ago

What does bringing events (not even building real property) have to do with sea level rise?
By your stupid logic, why should remove any existing events out of Miami.

Anonymous
11 months ago

Dopey professors convince these young impressionable kids that they should freak out and be scared about something.
Previous generations have freaked out about other population wipe outs; AIDS, Nuclear War with the Soviet Union, over population, peak oil, Global Cooling, Global Warming, Acid Rain, CFC’s, arsenic in the water, etc, etc.

Sea Level has risen about the thickness of two pennies in this century, but the MODELS predict armageddon. Newsflash….models cant predict the weather for you picnic this weekend. Dont get panicked when these dopes try to sucker you in to their grant-writing racket.

Anonymous
11 months ago

You’re more likely to get blown up by the Chinese Army in your lifetime than be run out of Miami by higher sea levels.

Anonymous
11 months ago

Sounds nice to watch from inside your room instead of around thousands of sneezing people who might give you corovirus.

Anonymous
11 months ago

You mean, the thought of catching the flu doesn’t scare you right now?

Anonymous
11 months ago

MIAMI Winning!

Anonymous
11 months ago

Okay man, time to retire that saying.

Anonymous
11 months ago

I think that saying is great. You rather “Miami losing”.
If you hate Miami because you can’t afford it, move to Tallahassee.

Anonymous
11 months ago

What makes you think I live in Miami right now?

Saying “Miami Winning” over and over and over like this person does is pointless. Now, if you don’t like what I said, then get off the internet.

Anonymous
11 months ago

I also think it’s lame as all hell. But for your standards it probably isn’t too bad.

Anonymous
11 months ago

Waldorf Astoria would shatter the record daily just on name alone

Anonymous
11 months ago

My fav project in the pipeline.

Anonymous
11 months ago

May this be the last Miami Super Bowl that crummy Holiday Inn ever sees.