April 2021 - Page 2 of 2 - Rava Realty

Some Restaurants In Miami Now Have Three-Month Wait Lists, With 150 More Looking To Open Here

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It’s getting difficult to get a reservation at certain restaurants in Miami as new residents continue to flood into the area.

Restaurants from New York and all over the country are lining up to open in Miami, as they try to capitalize on the great migration here that has been accelerated by the pandemic, both outlets reported.

One restaurant broker said that he has been contacted by 150 different groups in the past 60 days alone looking for space ...

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Hotels In Miami Are Performing Better Than Any Other Major U.S. Market During Covid

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Occupancy for the month of January was 54.5%, with an average daily room rate of $195.08. Both were the highest of any major market in the U.S. for the month.

In February, Miami continued to post the best number in the U.S.Occupancy was up to 75.8% in the third week of the month.

According to Travel Weekly, oceanfront hotels are doing particularly well, with most beach resorts reporting 80% to 90% on weekends. The numbers are particularly encouraging since ...

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