south florida hotel market
It’s a New Cycle for South Florida Hotels
Max Comess | April 30, 2018
Real estate indicators from HFF managing director Max Comess and director Alexandra Lalos in HFF's Miami office. Although debatable in terms of the national hotel market, one thing is for certain: We are in the early innings of a new cycle for the South Florida hotel market. Looking back at history, Miami and its neighboring markets (Broward and Palm Beach over to Naples and down to the Keys) emerged from the Great Recession on the leading edge of the top 25 U.S. hotel markets and have generally been a leader in growth and forward indication of the broader national market this cycle. Miami has emerged as the No. 1 U.S. market for Re...
South Florida’s Hospitality Real Estate Continues to Climb: Hotel Values Are Stronger Than Ever
John P. Lancet | November 23, 2015
By John P. Lancet Strong revenue metrics achieved in the Miami-Dade hotel market over the past few years have contributed to a strong ramp-up in transaction prices and values. HVS Miami's John Lancet, MAI, shares values and trends for the South Florida region. During the South Florida Hotel Market Connections event held a few weeks ago, HVS executives shared observations and data on hotel value trends in Miami-Dade, Broward and Palm Beach counties. Strong revenue metrics achieved in the Miami-Dade hotel market over the past few years have contributed to a strong ramp-up in transaction prices and values. For example: The Miami-Dade h...
