Jul 29
A recent survey finds that the majority of U.S. economists (74%) think that the recession will end in the third quarter of this year. About 19% of economists believe the recession will end by the fourth quarter of the year while the remaining 7% say it will end in the first quarter of next year.
It [...] [...more]
Posted: under Miami Travel News.
Tags: Economy, florida, Lodging, miami, Travel, Vacation rentals
A recent survey finds that the majority of U.S. economists (74%) think that the recession will end in the third quarter of this year. About 19% of economists believe the recession will end by the fourth quarter of the year while the remaining 7% say it will end in the first quarter of next year.
It was also predicted that the job market will remain weak well into next year. None of these predicted estimates apply to the state of Florida where the recovery is expected six months later.
Florida faces some more disadvantages than other places because its high property taxes and insurance rates will remain a problem for the state. At the same time, there are some advantages for Florida (Florida holiday rentals) such as a strong health sector, more foreign visitors received in Miami (Miami holiday rentals) and the presence of many financial institutions. Miami is in a better position than the rest of Florida as a whole. Whenever the recovery does happen, it is likely to be significantly more modest than those usually experienced after such a decline.
Jul 24
Miami Beach Vacation Rentals - Miami Beach Holiday Villas
According to Smith Travel Research, Miami hotel rate cuts are less abrupt now than they were during winter. The hospitality industry in Miami saw a double-digit drop in occupancy and a price decline that averaged 18%. In June 2009, rates of Miami hotel rooms were down [...] [...more]
Posted: under Miami Lodging News, Travel Tips.
Tags: florida, miami, Miami Beach, Miami hotel rooms, South Beach, Summer Vacation Deals, Tourism, Travel
Miami Beach Vacation Rentals - Miami Beach Holiday Villas
According to Smith Travel Research, Miami hotel rate cuts are less abrupt now than they were during winter. The hospitality industry in Miami saw a double-digit drop in occupancy and a price decline that averaged 18%. In June 2009, rates of Miami hotel rooms were down only 10% as compared to last year’s numbers.
Prices are stabilizing and might slowly be on the way to recovery. Deals for Miami hotel rooms are still abundant and holiday goers should seize them now. Similarly, people preferring to stay in Miami Beach vacation rentals have access to incredible rates that were also reduced drastically. Families can rent Miami Beach holiday villas for a great price. Secure 4-bedroom luxury, waterfront Miami Beach holiday villas for $2,500 a week. That Miami Beach holiday villas price per room comes to $89 per night. Vacationers traveling in small groups can secure a Miami Beach vacation rentals apartment and get unbelievable deals.
Paradise Villa in Miami