4

Miami Is the Sixth Most Expensive City to Visit in America

^
Keep New Times Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Miami and help keep the future of New Times free.

Want to have an out-of-town friend who is strapped for cash pay you a visit sometime soon? Well, you better offer your futon, because according to a new ranking from Forbes.com, based on average hotel room price, Miami is the sixth most expensive city to visit in America.

The average nightly rate for a hotel room in Miami in 2010 was $139.58. That's down from previous highs but still pretty pricey in relation to most American cities.

New York City tops the list with an astounding average nightly rate of $194.14. Honolulu, Boston, Santa Barbara, and Washington, D.C., round out the top five and were the only cities to place higher than Miami.

Unlike many cities on the list, though, Miami's average room rate was virtually unchanged since 2009. Forbes also reports that 2011 might see an uptick in average rates.

"A peek at 2011 shows an early surge in demand and prices," reports the site. "According to Expedia.com, average prices during January, February, and early March were up from last year, as much as 20 percent or so in Honolulu, Boston, Miami, and Washington, D.C."

Recent data on hotel taxes indicates Miami's hotel industry is quickly recovering from the 2008 financial crash. Hotel taxes collected this February saw a 1.5 percent gain since 2010. That might not seem like much, but remember that Miami hosted the Super Bowl in 2010, and there was a 20 percent surge in February 2010 compared to 2009.

Follow Miami New Times on Facebook and Twitter @MiamiNewTimes.

Keep Miami New Times Free... Since we started Miami New Times, it has been defined as the free, independent voice of Miami, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Miami with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the New Times community and help support independent local journalism in Miami.

 

Join the New Times community and help support independent local journalism in Miami.