Even with the world-wide coronavirus pandemic, Florida remained open to tourists who sought a change of environment amid nearby lockdown constraints.
The report utilized data from hospitality analytics firm STR to come across Tampa and St. Petersburg had the best ordinary hotel occupancy rate between January and November of any of the top rated 25 U.S. travel markets.
Go to Tampa Bay CEO Santiago Corrada told Forbes that the point out “never definitely shut points down,” which helped maintain the community’s endeavours to boost itself as a heat area with safe and sound, open up-air actions.
Tampa Bay even topped the generally more traveled-to locations of Orlando and Miami, which had 41.8% and 46.2% lodge occupancy in 2020, respectively.
Just after reaching a minimal point of somewhere around 22% occupancy in April, occupancy has recovered gradually in Tampa Bay just about every thirty day period. It is now at 51% – not terribly significantly from its 72.6% occupancy last year.
Whilst the field is improved off in Tampa Bay than it is in other spots, it may take years for the hospitality marketplace to recuperate, the report suggests.
“STR predicted in August that it will not be until eventually 2023 or 2024 that the marketplace completely rebounds.”
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