Miami Luxury Real Estate – Hotel Demand on the Rise
Yesterdayai??i??s article in the South Florida Business Journal stated, after a couple of dry years, the hotel industry is starting to make a comeback, according to a report released on Wednesday by Hotels.com.
Miami was among the top U.S. cities where demand for luxury hotels has seen an increase.
According to the report, the cities that saw significant year-over-year increases at five-star properties in 2010 were: Boston (21 percent), Chicago (20 percent), Miami (10 percent), San Francisco (22 percent) and Washington (16 percent).
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