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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 8 sources · 16 days · First seen · Last updated
Miami hospitality and tourism developments
Overview
The hospitality sector in the Greater Miami and Miami Beach area is undergoing significant infrastructure and development updates. Key projects include the Grand Hyatt Miami Beach, an 800-room convention headquarters that has reached its topping off stage and is expected to open in late 2027 with a skybridge connecting to the Miami Beach Convention Center. Additionally, the Royal Palm South Beach has reopened as a Marriott Tribute Portfolio Resort following a $100 million renovation.
Tourism trends show Miami remains a primary destination for travelers from Colombia. While Colombian outbound travel increased by 12.6% between January and May due to a favorable exchange rate making international travel more affordable, the Colombian Association of Travel and Tourism Agencies (Anato) noted that this currency appreciation may impact Colombia’s own inbound tourism competitiveness.
Entities
Grand Hyatt Miami Beach · Miami · Greater Miami & Miami Beach · JW Marriott Miami Turnberry Resort & Spa · Colombia
Timeline
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7 days ago
[BUSINESS] 3 sourcesMiami hospitality expands as Colombian outbound tourism risesMiami sees major hotel expansions like the Grand Hyatt, while Colombian tourism shifts toward outbound travel due to favorable exchange rates.
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22 days ago
[BUSINESS] 5 sourcesMiami and Miami Beach hospitality sector sees major developmentsMiami and Miami Beach are experiencing significant hospitality growth, including the topping off of the 800-room Grand Hyatt Miami Beach and the $100 million renovation of the Royal Palm South Beach.
Sources
elespectador.com · foodgps.com · lucesdelsiglo.com.mx · miamilivingmagazine.com · recommend.com · traveldreamsmagazine.com · traveltimes.com.mx · wemagazineforwomen.com