Miami Beach hotels – Hotels in Miami Beach

March is the peak of tourism in Miami. Tourism officials hoped that this year’s seemingly busy travel peak season would end the continuous decline of Miami’s largest industry. Unfortunately, vacationers that traveled at all are demanding lower rates for Miami Beach hotels. Room rates for hotels in Miami Beach are down by double digits.

A report from Smith Travel Research shows that March as been a miserable month for Miami Beach hotels at a rate decrease of 18 to 22 percent from last year. A new report predicts that this year will be the end of this decline in tourism and that hotels in Miami Beach room rates will grow 7 percent in 2010.

According to the Jones Lang LaSalle report, Miami Beach hotels rates in 2012 will surpass last year’s levels. Some should consider purchasing hotels in Miami Beach as they are probably at their most affordable right now. Make sure to make your purchase before the revenue levels rise again as the price to invest in a hotel will rise, too.

catalina-south-beach-hotel-02

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: