Friday, July 7, 2017

Headline: “South Florida’s hotel industry mostly rebounds in April with higher occupancy, rates”

Another reason why the little City of Lake Worth needs a hotel in our Downtown.

From Sun Sentinel reporter Arlene Satchell, here are two excerpts:

     In Palm Beach County, hotel occupancy climbed to 76.6 percent, while daily rates and revenue per room rose to $191.18 and $146.39 respectively, data from STR revealed. That compared with 75.1 percent, $181.27 and $136.21 respectively in April 2016.
    “A later-than-normal Easter that coincided with Passover were major factors for The Palm Beaches’ strong hotel performance in April,” said Jorge Pesquera, president and CEO for Discover The Palm Beaches, the county’s official tourism marketer.

and. . .

     Overall the county is off to solid start this year with a record 2.3 million tourists arriving in the first quarter, up 7 percent from the same period in 2016, Discover The Palm Beaches, the county’s tourism marketer announced recently.

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