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Miami–Fort Lauderdale–West Palm Beach MSA

Florida / Southeast·Destination dashboard

We haven't checked enough sources for this market yet.

Rates

Tuesday Trends board

Captured Tue, Oct 20, 2026. Median cheapest refundable nightly rate, 2 adults, pre-tax, across 50 hotels. Indicative Google Hotels prices; decision support, not a quote.

Median cheapest refundable nightly rate by horizon and stay
OutWeekdayMon–ThuWeekendFri–Sun
1 wk
$342
39/50 priced
5 no rates on Google
$326
44/50 priced
1 mo
$293
42/50 priced
$392
44/50 priced
3 mo
$499
44/50 priced
$522
41/50 priced
1 no rates on Google
6 mo
$409
41/50 priced
1 no rates on Google
$508
40/50 priced
2 no rates on Google
~11 mo
$339
34/50 priced
5 no rates on Google
$508
35/50 priced
5 no rates on Google

Coverage counts hotels with a refundable rate; low-confidence prices (2 or fewer sellers and no official hotel site) are left out. Thin: under 15 of 50. ● 10+ no rates on Google at 1 wk. At ~11 months, no rates largely reflect Google's ~330-day pricing limit.

Signals

34 cited
talent2 changesas of 2026-10-11

Miami talent: 3.1 Notable recent management changes

Balfour Miami Beach → Evolution (Jan 2026); Cadillac → Davidson (May 2026).

debt6 rowsas of 2026-10-11

Miami debt & deals: Named hotel transactions 2025–2026

Mayfair House Hotel & Garden (Coconut Grove): Jun 2026 · Elliott Investment Mgmt affiliate + Lifestyle Hospitality Capital Group (the same…

+3 more sources
tax7 rowsas of 2026-10-11

Miami tax & CVB: Lodging tax stack

FL state sales tax: 6% · 6% · accessed 2026-10-11 Miami-Dade discretionary surtax: 1% · 1% · eff.

+3 more sources
debt5 rowsas of 2026-10-11

Miami debt & deals: CMBS / balance-sheet loans: distress & maturities

The Goodtime Hotel (601 Washington Ave, South Beach): $152M CIM loan (originally $164M in 2021) · Matured in 2024 unpaid; forbearance from…

+7 more sources
tax8 rowsas of 2026-10-11

Miami tax & CVB: Collections & DMO funding

County 2% TDT (lodging): FY24 actual $47.945M; FY25 projected $48.978M; FY26 estimate $47.693M (budgeted at 95%) · FY2024–26 · FY2025-26…

debt6 rowsas of 2026-10-11

Miami debt & deals: Market-level reads

Host Hotels Miami comparable RevPAR, Q3-2025: +5.6% YoY · 2025-11-05

+1 more source
pipeline15 rowsas of 2026-10-11

Miami pipeline: Named projects — under construction

E11EVEN Hotel & Residences: 449 · Upscale · Downtown Hilton Miami Bayfront: 372 · Upper upscale · Downtown

talent4 rowsas of 2026-10-11

Miami talent: 5. Gaps (no public read)

Grand Hyatt MB: manager of record, GM, pre-open team, hiring count: No public read

Source: No linked public source (reviewed 2026-10-11) · no public read

talent3 rowsas of 2026-10-11

Miami talent: 3. Operator bench

Operator bench. Davidson Hospitality Group (incl. Pivot): M · Cadillac Hotel & Beach Club, Autograph (357) selected by Hersha, phased reno…

+1 more source
pipeline3 rowsas of 2026-10-11

Miami pipeline: Stage rollup

Under construction: 3,575 Final planning: 4,334 Total (36 projects): 7,909.

talent5 rowsas of 2026-10-11

Miami talent: 2. Build talent (summary)

Miami–Ft Laud–WPB construction: 160,200 → 159,700 (−0.3%) · Aug 2025 → Aug 2026

talent6 rowsas of 2026-10-11

Miami talent: 1. Wage floor

Florida minimum wage: $15.00/hr; tipped cash $11.98; annual inflation indexing resumes (natlawreview: from Sep 30 2027) · eff.

talent2 rowsas of 2026-10-11

Miami talent: 3.2 Pre-open risk — named openings

Grand Hyatt Miami Beach (MBCC HQ, 1701 Convention Center Dr): 800 (50–52 suites) · Late 2027 per MBCC release (2026-07-27); Nov 2027 per…

supply6 rowsas of 2026-10-11

Miami supply: Snapshot

Miami-Dade inventory: 575 hotels / 64,719 rooms · Jan 2026 Implied rooms (C&W STR market): ~65,162 · Q2 2026

+1 more source
supply6 rowsas of 2026-10-11

Miami supply: Latest pulse

C&W Q2 2026: OCC 71.4% (−3.8%), ADR $251 (+15.2%), RevPAR $180 (+10.8%)

+3 more sources
supplyscore 4/5as of 2026-10-11

Miami supply-pressure score 4/5

4 / 5. UC intensity: ~5.5% of inventory, close to Phoenix (5.7%)

+1 more source
pipeline6 rowsas of 2026-10-11

Miami pipeline: Named projects — final planning (largest)

House of Wellness: 832 · Brickell (Miami Today notes a residential core; may not be a true hotel)

talent4 rowsas of 2026-10-11

Miami talent: 1.1 BLS OEWS — hotel occupations

Maids & housekeeping cleaners (all industries) (37-2012): 22370 · $16.52 · $16.81

supply6 rowsas of 2026-10-11

Miami supply: Submarket basemap (GMCVB Jul 1 2026)

Downtown Miami: 1,772 · 1,986 · 3,758 Miami Beach: 1,102 · 1,232 · 2,334

supply800 keys, Nov 2027as of 2026-07-27

Miami pipeline: Grand Hyatt Miami Beach (MBCC HQ hotel) 800 keys, topped off Jul 27 2026, opens Nov 2027

800-room headquarters hotel connected by skybridge to the Miami Beach Convention Center (17th St & Convention Center Dr), 50 suites…

airlift10 rowsas of 2026-10-11

Miami airlift / air access demand

MIA Aug 2026 total pax: 4,289,986 (−5.69% vs 4,548,858) MIA CYTD Aug 2026: 37,467,769 (−1.14%)

occupancyAug OCC 63.6% (−7.6%)as of Aug 2026

Miami August 2026: Miami-Dade OCC 63.6% (−7.6% YoY)

August 2026 Miami-Dade OCC fell to 63.6% (−7.6% YoY) after a World Cup lift that was all rate; week of Aug 2–8 RevPAR −8.5% to $107.60.

citywide_calendar5 eventsas of 2026-10-11

Miami 90-day compression calendar (Oct 12 2026 → Jan 10 2027)

2026-11-02 → 2026-11-04: The Hospitality Show 2026 (AHLA; MBCC) [Trade show] — Confirmed · (accessed 2026-10-11); attendance not public

+4 more sources
drive5 rowsas of 2026-10-11

Miami drive + attraction demand anchors

Drive arteries: I-95, Florida's Turnpike, I-75 (Alligator Alley), US-1 to the Keys; Brightline rail to Orlando (ridership: no public read…

citywide_calendar9 rowsas of 2026-10-11

Miami group / citywide demand calendar

Main convention venue: Miami Beach Convention Center. HQ hotel: 800-room Grand Hyatt Miami Beach, connected by skybridge, opening November…

+9 more sources
visitation8 rowsas of 2026-10-11

Miami visitation / demand volume

Visitors 2025 (Miami-Dade): 28.3M (record); $32.2B total economic impact

+3 more sources
eventhostas of 2026-10-11 (event Jun 11–Jul 19, 2026)

World Cup 2026 post-Cup demand read — Miami (host)

World Cup 2026 (Jun 11–Jul 19) — host market. Key numbers (lift vs hype): HVS: OCC −4.6 pt, ADR +$26.30, RevPAR +18.9%, $34.2M incremental.

+1 more source
reit_exposure2,662 rooms / 4 REITsas of 2026-10-11

Miami REIT ownership (Tier 1): 2,662 rooms, 4 REITs

Rooms owned (Miami–Fort Lauderdale–West Palm Beach MSA): HST 1,038 (39%); APLE 862 (32%); PK 393 (Royal Palm South Beach, 10-K); PEB 369.

+6 more sources
transactionabout $65Mas of 2026-10-11 sweep

Arlo Wynwood trade — about $65M, no cap disclosed

about $65M (Commercial Observer, updated article; the deed lists $44.3M, and the full price includes furniture, fixtures and business…

supply−451 rooms from pipelineas of 2026-10-08

Miami pipeline: Westin at MIA (451 rooms) cancelled after FAA design rejection

Ross / Soffer JV (FDR Miami Hotel LLC) dropped the 451-room, 150-ft Westin at Miami International Airport after the FAA rejected the design…

occupancyOct YTD OCC 73.5% / ADR $220.21as of YTD Oct 2025

Miami-Dade hotel YTD through Oct 2025 (GMCVB)

Miami-Dade hotels Oct YTD: OCC 73.5% (−0.3% YoY), ADR $220.21 (+0.9%), RevPAR $161.85 (+0.6%).

occupancyJan–May OCC 79.9% / ADR $293.67as of YTD May 2026

Miami-Dade Jan–May 2026 hotel pulse (GMCVB)

OCC 79.9% (−0.1% YoY), ADR $293.67 (+11.2%), RevPAR $237.57 (+11.0%).

nuanceruleas of 2026-09

Which Miami — county CVB is not the same as MSA average

GMCVB reports Miami-Dade. South Beach / Surfside-Bal Harbour luxury ADR is not inland select-service or Broward spillover.

talentgreenlight gateas of 2026-09

Hospitality + storm-rebuild crew gate (Miami)

High-touch beach/resort product and post-storm GC/MEP capacity gate CapEx.

Source: Bungah Capital Intel talent synthesis (public construction/crew reporting)

Hotel-tax collections

newest first · 13 periods
taxGross $130.16M (+1.1% taxable revenue) · gross collections (bondholder disclosure)as of FY2025 (Oct 2024–Sep 2025)

Miami 3% Convention Development Tax, annual — FY2025 (Oct 2024–Sep 2025)

Gross CDT: $130,158,586 · Net CDT: $127,555,415 · Growth: +1.1% (published, taxable revenue) · Taxable revenue: $4,338,619,542.

tax$48,601K (+1.4% YoY) · actual, net of collection feesas of FY2025 actual (Oct 2024–Sep 2025)

Miami 2% Tourist Development Tax, annual — FY2025 actual (Oct 2024–Sep 2025)

Amount: $48,601K · YoY: +1.4% (computed). Basis: actual, net of collection fees; FY Oct–Sep.

taxGross $128.75M (−0.3% taxable revenue) · gross collections (bondholder disclosure)as of FY2024 (Oct 2023–Sep 2024)

Miami 3% Convention Development Tax, annual — FY2024 (Oct 2023–Sep 2024)

Gross CDT: $128,753,159 · Net CDT: $126,178,096 · Growth: −0.3% (published, taxable revenue) · Taxable revenue: $4,291,771,970.

tax$47,945K · actual, net of collection feesas of FY2024 actual (Oct 2023–Sep 2024)

Miami 2% Tourist Development Tax, annual — FY2024 actual (Oct 2023–Sep 2024)

Amount: $47,945K · YoY: n/a. Basis: actual, net of collection fees; FY Oct–Sep.

taxGross $129.20M (+2.1% taxable revenue) · gross collections (bondholder disclosure)as of FY2023 (Oct 2022–Sep 2023)

Miami 3% Convention Development Tax, annual — FY2023 (Oct 2022–Sep 2023)

Gross CDT: $129,200,307 · Net CDT: $126,616,301 · Growth: +2.1% (published, taxable revenue) · Taxable revenue: $4,306,676,914.

taxGross $126.56M (+54.9% taxable revenue) · gross collections (bondholder disclosure)as of FY2022 (Oct 2021–Sep 2022)

Miami 3% Convention Development Tax, annual — FY2022 (Oct 2021–Sep 2022)

Gross CDT: $126,564,599 · Net CDT: $124,033,307 · Growth: +54.9% (published, taxable revenue) · Taxable revenue: $4,218,819,970.

+7 earlier periods
taxGross $81.73M (+29.2% taxable revenue) · gross collections (bondholder disclosure)as of FY2021 (Oct 2020–Sep 2021)

Miami 3% Convention Development Tax, annual — FY2021 (Oct 2020–Sep 2021)

Gross CDT: $81,732,070 · Net CDT: $80,097,429 · Growth: +29.2% (published, taxable revenue) · Taxable revenue: $2,724,402,333.

taxGross $63.25M (−31.9% taxable revenue) · gross collections (bondholder disclosure)as of FY2020 (Oct 2019–Sep 2020)

Miami 3% Convention Development Tax, annual — FY2020 (Oct 2019–Sep 2020)

Gross CDT: $63,249,281 · Net CDT: $61,984,295 · Growth: −31.9% (published, taxable revenue) · Taxable revenue: $2,108,309,365.

taxGross $92.83M (+2.8% taxable revenue) · gross collections (bondholder disclosure)as of FY2019 (Oct 2018–Sep 2019)

Miami 3% Convention Development Tax, annual — FY2019 (Oct 2018–Sep 2019)

Gross CDT: $92,827,072 · Net CDT: $90,970,531 · Growth: +2.8% (published, taxable revenue) · Taxable revenue: $3,094,235,738.

taxGross $90.32M (+13.2% taxable revenue) · gross collections (bondholder disclosure)as of FY2018 (Oct 2017–Sep 2018)

Miami 3% Convention Development Tax, annual — FY2018 (Oct 2017–Sep 2018)

Gross CDT: $90,319,992 · Net CDT: $88,513,592 · Growth: +13.2% (published, taxable revenue) · Taxable revenue: $3,010,666,391.

taxGross $79.78M (−0.6% taxable revenue) · gross collections (bondholder disclosure)as of FY2017 (Oct 2016–Sep 2017)

Miami 3% Convention Development Tax, annual — FY2017 (Oct 2016–Sep 2017)

Gross CDT: $79,783,961 · Net CDT: $78,188,282 · Growth: −0.6% (published, taxable revenue) · Taxable revenue: $2,659,465,395.

taxGross $80.30M (+4.2% taxable revenue) · gross collections (bondholder disclosure)as of FY2016 (Oct 2015–Sep 2016)

Miami 3% Convention Development Tax, annual — FY2016 (Oct 2015–Sep 2016)

Gross CDT: $80,299,248 · Net CDT: $78,694,663 · Growth: +4.2% (published, taxable revenue) · Taxable revenue: $2,676,641,600.

taxno public readas of 2026-10-11

Miami hotel-tax series — gaps

Miami hotel-tax series gaps (as of 2026-10-11): Monthly / quarterly: no public read.

Source: Official publishers (gap note; no public read) · no public read

Assets

none yet
No cited assets yet for this destination. Underwrite by submarket and product class — MSA averages are not a substitute for a competitive set.

Linked findings

No radar findings for this market yet.
Generate Stack memoAsk about this market
Miami–Fort Lauderdale–West Palm Beach MSA · Bungah Capital Intel