Miami hotel industry under the radar of Tour de Data

Published on : Saturday, November 16, 2013

STR Global logo MThe Tour de Data, hosted by STR Analytics and Hotel News Now, makes its next stop in Miami on 20 November 2013, to take an in-depth look at the city’s hotel market and profitability. The upcoming Miami event will be held in partnership with the Cornell Hotel Society.

 

 
Tour de Data events give attendees a look at the latest hotel industry trends and data as well as innovative ways to use that information. The event will feature market-specific data, Miami-specific profitability data, transaction data, national industry overviews, innovative ways to benchmark and competitive set statistics.

 

 
The event will be held from 4:30 p.m. to 7:30 p.m. EST on Wednesday, 20 November 2013, in the Penthouse room of The Raleigh Hotel in Miami. It will feature data presentations; a Miami expert panel discussion moderated by Patrick Mayock, editor-in-chief of Hotel News Now; one-on-one conversations with the STR Analytics team; and a cocktail networking event.

 

 

Confirmed guest panelists include Keith Menin, principal at Menin Hotels; Robert Finvarb, founder of Finvarb Companies and principal of Finvarb Hospitality; Jeff Lehman, general manager of The Betsy Hotel; and Mark Lunt, principal at Ernst & Young.

 

 

STR Analytics will provide a comprehensive look at the Miami market, presenting statistics such as:
• There are 45 projects in Miami’s active pipeline.

• At 41 months, Miami achieved one of the quickest revenue per available room peak-through-recovery timeframes.

• Full-service hotels in Miami registered a higher gross operating profit ratio-to-sales in 2012 (31 percent) than the average for full-service hotels across the entire United States (30 percent).

 
Source: STR Analytics.

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