Miami Hotel Market Data
Miami, USA — North America
Market Snapshot
| 3-Star Average | $155 |
| 4-Star Average | $275 |
| 5-Star Average | $520 |
| Occupancy | 78% |
| RevPAR | $215 |
| YoY Growth | 5.5% |
| Hotels Tracked | 450 |
| Competition Level | High |
| Peak Season | Dec-Apr |
Market Insights
Miami's luxury hotel segment (5-star average $520) significantly outpaces its mid-tier (4-star average $275), suggesting strong demand for premium experiences despite a highly competitive market of 450 tracked hotels. With an estimated 78% occupancy, hoteliers can likely command these higher price points, while the 3-star segment at $155 indicates potential value opportunities for travelers seeking more budget-friendly options within this desirable North American destination.
Regulatory Environment
Miami-Dade tourist development tax at 6%. Flood zone regulations impacting coastal hotel development. Short-term rental moratorium in some residential zones.
Recent Market News
Miami luxury hotel segment outperforming with 5-star rates exceeding $450/night. Art Basel, Formula 1, and cruise port expansion driving seasonal peaks. Climate resilience investments becoming key differentiator.