Standing at 65.8% occupancy, down 9.6%, Miami-Dade's tourismindustry is hurting with room rates averaging $113.72, down 6.8%from last year, according to Smith Travel Research ofHendersonville, TN. Smith made the survey for the Greater MiamiConventions Bureau.

The survey shows occupancy is down in every month this yearcompared to the same period in 2001.

Miami Beach has been the worst-hit area, with occupancy of 63.2%down 10.9% from last year. Average daily room rates are $132.46, a6.8% decline.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.