Hotel prices in Miami Beach are often as much as twice as high as similar properties in Las Vegas, according to an analysis by Strategic Advisory Group. The study was done on behalf of the city of Miami Beach. It comes in light of a recent vote against a potential casino resort in the city, and amid growing concerns over the impact of the addition of thousands of potential hotel rooms in downtown Miami. "If you put 5,000 hotel rooms in downtown they will suck out everything surrounding them," said Stuart Blumberg, the former head of the Greater Miami and the Beaches Hotel Association. "It will take 19 years for the current hotels to break even. They're going to destroy the market inventory." [Miami Herald]
4 Comments
7/31/2012 06:58:31 pm
Miami beach is a world famous spot for holiday and here the information is so kindly delivered for us.
Reply
8/9/2012 12:22:00 am
Beach holidays are very best option o spend our vacations and feel better a lot, and this is one of the best option for that, I am really a fan of this place.
Reply
9/28/2012 08:18:46 am
I am happy to find this content very helpful and informative for me, as it contains lot of accurate detailing about the topic, which I was searching for. Thanks a lot and good luck.
Reply
10/24/2012 11:09:18 pm
I liked this post very much as it has helped me a lot in my research and is quite interesting as well.Great Inspirable blog. Thank you for sharing this information with us.
Reply
Leave a Reply. |
AuthorRepostings of current news / trends in real estate and South Florida Real Estate Market. For comments or questions, call 561.676.7994. Archives
December 2013
Categories
All
|