FYI Miami: August 4, 2016
Below are some of the FYIs in this week’s edition. The entire content of this week’s FYIs and Insider sections is available by subscription only. To subscribe click here.
AIRPORT TRAFFIC SOARS: Miami International Airport traffic for the first six months of the year rose 3%, almost 700,000 passengers, from the first half of 2015 to reach 22.6 million, the county’s aviation department says. Domestic traffic rose 5% to 12.1 million passengers and international travel rose 1% to 10.5 million despite problems in Brazil, the county’s largest international market. “To grow by 3% overall despite a major decrease in travel from our top international market is significant,” said Aviation Director Emilio Gonzalez. He forecast “a strong finish at the end of the year.”
MORE IN THE WINGS: Five airlines will start serving Miami International Airport this fall, the county’s aviation department said. Eurowings is to launch three weekly flights to Cologne, Germany; Fort Lauderdale-based Silver Airways is to start four weekly flights to Bimini in the Bahamas; Scandinavian Airlines is to begin daily service with three weekly flights to Copenhagen and four to Oslo, and Dominican Wings is to begin a weekly flight to both Punta Cana and Santo Domingo. In October, KLM Royal Dutch Airlines is to return to Miami International with three weekly flights to Amsterdam.
FIRE STATION REZONING: The City of Miami is one step closer to offering for sale prime real estate downtown. City commissioners on July 29 granted final approval of land use and zoning changes for city-owned property at 144 NE Fifth St., home to Fire Station No. 1. The future land use was changed to Central Business District and the zoning changed to T6-80-O Urban Core Transect Zone – Open. City officials recommended the changes to make the land even more appealing for sale and redevelopment. The city named Miami Dade College as a potential buyer, as the current Wolfson campus hugs the city’s parcel on two sides.
HOTEL RATES SLIP: Average daily hotel room occupancy, average daily room rate and revenue per available hotel room all declined in Miami-Dade in the first half of this year from the first half of last year, according to figures supplied by the Greater Miami Convention & Visitors Bureau. Average daily occupancy fell 1.4% to 79.6% from 80.7% last year, average daily room rate fell 2.4% to $212.07 from $217.28, and revenue per available room fell 3.7% to $168.89 from $175.41. The bureau notes that total room sales during the six months actually rose by nearly 185,000, a 2.5% gain, to 7,585,212 as room supply expanded 4.1%. With new hotels opening, 52,618 rooms were available daily versus 50,533 in the first half of 2015.