Miami hotel transactions expected to hit $750 million in 2013 | Hotel Management - 0 views
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"The Miami brand is stronger than ever reporting records on records in 2012, including 13.9 million overnight visitors," said Greater Miami Convention & Visitors Bureau President & CEO William D. Talbert, III, CDME.
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Miami's metro area is among the highest performing U.S. hotel markets, achieving recording occupancy and ADR in 2012, and ranking fourth in terms of RevPAR performance.
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Miami draws in a massive influx of tourists from around the globe, and during the past 20 years the market has emerged as a crucial commercial hub linking the United States to Latin America, and eventually Asia with the imminent expansion of the Panama Canal.
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This article caught my eye because I think we can relate to the hotel projections for Miami this year. It basically states that everyone wants to be in Miami, and I can see why. I also agree with the topic the article touched up on: Miami is a melting pot. It is, as it states, a "...commercial hub linking the United States to Latin America..." I think that the rising tourism in Miami can help increase revenue and can eventually continue to market Miami is such a positive light. Yes, every city has its flaws but I think Miami will continue to bring in tourists and hopeful residents.