Login

Miami Beach Hotel Rates and Revenue Soar During Art Basel

Event Impacts Fell Short of 2022 Levels

\Guests view art works presented by White Cube Gallery at the Miami Beach Convention Center as part of Art Basel Miami Beach on Dec. 9. (Sean Drakes/Getty Images)
\Guests view art works presented by White Cube Gallery at the Miami Beach Convention Center as part of Art Basel Miami Beach on Dec. 9. (Sean Drakes/Getty Images)

The annual Art Basel fair at the Miami Beach Convention Center earlier this month lifted hotel average daily rates and revenue per available room in Miami Beach to their highest levels of the year. But hotel metrics fell short of the levels reached during the 2022 event.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In