More Visitors but Too Many Rooms: Miami’s Hotel Industry May Be in for a Bumpy Ride
A record 15.5 million people visited Miami in 2015, up nearly 1 million from the year before. The Greater Miami & The Beaches Visitors Bureau trumpeted the numbers at a ritzy breakfast this past Friday at the Rusty Pelican on Key Biscayne. Save for Venezuela, every major market, both domestic…