Week of March 27, 2003    
Spain's Santander bank to acquire Coutts International's Miami division
Luxembourg logistics firm launches US office in western Miami
Seaport restructuring fees in wake of price cuts by Broward's Port Everglades
Last-minute bookings continue to bolster hotel occupancy rates
Miami may rehire former city manager as consultant on hotel-retail project
Police acknowledge need for "flawless" work during Miami's hosting of trade ministerial meetings
HSBC Republic growing in assets; watching for local expansion options
Calendar of Events
FYI Miami
Filming in Miami
Classified Ads
Front Page
About Miami Today
Put Your Message in Miami Today
Contact Miami Today
Job Opportunities
Research Our Files
The Online Archive
Order Reprints



Last-minute bookings continue to bolster hotel occupancy rates

By Frank Norton
   Hotel occupancy in Miami-Dade County was 7.6% higher the first two weeks in March than in the same period last year, Tennessee-based Smith Travel Research reports.
   Local hospitality executives welcomed the news as a sign the war in Iraq has not as feared dampened travel - perhaps bolstered by spring breakers. Three weeks ago, advance March bookings for Miami-Dade hotel rooms were down by as much as 15%, according to the Florida Hotel & Motel Association.
   Local experts, however, say that information reflected people booking on shorter notice rather than a diminished propensity to travel, especially domestically. As for the encouraging March figures, they said the Middle East conflict has not seriously impacted strong travel momentum.
   "I think those travel plans were already in place and the weather held up tremendously," said William D. Talbert III, president and CEO of the Greater Miami Convention & Visitors Bureau. He said the Ford Golf Championship at Doral March 3-9 helped boost occupancy during the first two weeks of March while the Nasdaq-100 Open tennis tournament, running through March 30, should help buoy levels during the rest of the month.
   "Arguably there is no reason to change travel plans right now," he said.
   For the same two-week period in early March, hotel occupancy statewide was down 0.3% while national occupancy was off more than 3%, according to Smith Travel.
   Spring breakers typically seek beach destinations such as South Florida, Panama City and Cancun, Mexico, a Smith researcher said.
   Local experts said a greater portion sought US destinations this year due to security concerns.
   "They're staying in the hotels, eating in the restaurants, going to clubs and doing what all visitors do," Mr. Talbert said of the spring break crowd.
   Other local hospitality leaders said this year showed a neater, more sophisticated spring breaker than in years past.
   "From the hotels I've spoken to they've been very mature in the way they have visited this destination," said Stuart Blumberg, president and CEO of the Greater Miami & the Beaches Hotel Association.
   "They're an affluent young group now, so it's not like it used to be," he said.
   "The streets were jammed with young people. You couldn't even find a seat at the pool deck at the Roney Palace."

 

Top Front Page About Miami Today Put Your Message in Miami Today Contact Miami Today

© Copyright 2003 Miami Today
designed and produced by Green Dot Advertising and Marketing