News
Why Investors Love Miami Hotels
Miami continues to outperform national averages, ranking consistently amount the top five hotel markets in the country for occupancy and ADR, we learned from Bilzin Sumberg partner Suzanne Amaducci-Adams (with Blanca Commercial Real Estate's Danet Linares) at Bisnow's Miami Hotel Investment Summit last week. RevPAR rose to $174.26/night in January in greater Miami, according to STRthe highest RevPAR for January in seven years. More four- and five-star hotels are coming on line as Miami transitions into a major international center of commerce and tourism.
