The Florida hotel market enjoyed outsize growth post-pandemic as domestic travelers embarked on road trips to nearby beaches and parks. However, revenue per available room, or RevPAR, was less than ideal for major Florida markets in 2024, driven by increased competition from international destinations and cruises and elevated inflation levels that forced lower-income households to forgo travel.
Room revenue varies among Florida's four major hotel markets, but all projected to grow in 2025
2024 hotel performance recap and 2025 outlook for Orlando, Miami, Tampa and Fort Lauderdale
By Chantal Wu
CoStar Analytics
March 11, 2025 | 6:20 P.M.
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IN THIS ARTICLE
- Properties
- Universal Epic Universe
8815 Lockheed Martin Blvd, Orlando, FL
- Omni Fort Lauderdale Hotel
1950 Eisenhower Blvd, Fort Lauderdale, FL