Ali Hoyt News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Most of the hotels struggling to catch up to pre-pandemic ADR can be found in major metropolitan markets like New York, San Francisco and Washington, D.C., while warm destinations like cities in Florida and Arizona have been able to hike prices to keep up with high demand.  Average daily room rates in Miami saw the biggest jump compared with 2019 prices, up 44.7% to $225.14 the week of July 4. “We’re certainly very encouraged to see room rates climbing to this record levels during the holiday week and the summer,” Hoyt said. “It’s been a challenging year and a half in the hospitality industry in the U.S. … It’s an encouraging sign for operators who are trying to make up what they lost over the last year and a half.”

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