South Florida Continues to Boom in Occupancy, ADR and RevPAR Says HVS

HVS | October 12, 2015

October 12, 2015 - Kathy Conroy, MAI, and John Lancet, MAI, Managing Directors of the HVS Consulting & Valuation practice in Florida, presented to a capacity crowd of more than 100 operators and developers last month at the South Florida Hotel Market Connections event held at the Wyndham Shelborne Hotel on Collins Avenue in South Beach. "In assessing the statistics regarding hotels under construction as well as hotels in the final planning stages, it is important to note that the majority of inventory entering the combined Downtown Miami and Brickell hotel submarkets are in the upscale and upper midscale categories – which we ...