### South Florida Hotel Sector Thriving in 2025
CBRE forecasts steady growth in revenue per available room (RevPAR) across key South Florida markets in 2025, driven by strong performance in urban locations. This growth is attributed to increased group and business travel, along with the continued recovery of inbound international visitors.
#### Fort Lauderdale
In Fort Lauderdale, RevPAR is expected to rise by 2.4% in 2025. Occupancy is forecasted to improve by 0.9%, while the average daily rate (ADR) is projected to increase by 1.4%.
#### Miami
Miami’s hotel market is set to see a 0.8% increase in RevPAR, with occupancy improving by 0.2% and ADR rising by 0.6%.
#### West Palm Beach
West Palm Beach is forecasted to experience a 0.2% increase in RevPAR. While occupancy is expected to decline by 1.1%, ADR is projected to grow by 1.3%.
“The U.S. hotel market is poised for steady growth in 2025, primarily led by continued outperformance of the urban segment, which should experience RevPAR growth of 2.8% this year,” said Rachael Rothman, CBRE’s Head of Hotel Research & Data Analytics. “The sector’s resilience and the sustained demand for higher-priced hotels bode well for the upcoming year.”
