Occupancy rates declined in 2019 at South Florida hotels – IT’S VRBO and AIRBNB!

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    Occupancy percentages across South Florida declined year-over-year in 2019, while revenue increased across the board. New data from the hotel analytics company STR reveals that Miami-Dade, Broward and Palm Beach counties all had a similar 2019. Unsurprisingly, Miami-Dade hotels brought in the most in combined revenue. Hotel occupancy sat at 75.9% for 2019, a 0.9% decrease from the prior year, according to STR’s report. The single month that had the largest year-over-year decrease was September,…

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