Good news for South Florida tourism.
According to the latest information, we are almost at the same pre 9/11 levels. With all the problems that Florida's economy is facing, the year 2007 has been a high point for both Broward and Dade tourism activity.
3% gain in overnight visitors, a good increase in international tourism, five and a half million in Dade only; this important source of revenue for South Florida continues to grow: Twelve million total overnight visitors in Dade, 10.7 million in Broward.
Hotels have seen their revenue soar in 2007, compared to a rather weak 2006. Hurricane season has been benign since 2005 and that has helped.
A surge of summer overseas travelers can be credited with much of the increase. That will be the future of tourism growth here. The US dollar weakness is the number one factor.
Canadians are increasingly flocking to South Florida in the winter, as are European planning to do in the summer season. International arrivals at Fort Lauderdale International airport were up 20% in 2007.
The hassles and tougher requirements for tourist visas, have been mentioned as a negative factor that keeps hurting this industry. It is claimed to reduce tourist affluence by at least 10%.
Florida continues to be an important magnet of world travelers, and we can only forecast a continuous and steady growth.
Its influence on the real estate business is obvious. During the last twenty years, we have immensely improved our appeal to world tourism and we keep offering the best in entertainment, beaches, outdoor activities, shopping, nightlife and, of course, lots of sunshine.
There are many destinations for Florida visitors: South Beach, Aventura, and Dade County as well as Fort Lauderdale, Palm Beach County, and the whole South Florida area, down to the Florida Keys. Orlando and its surroundings, the East Coast, Naples, Tampa, Sarasota, and the West Coast, Panama City, and the Panhandle, they all have their special flavor and the immense variety of alternatives offered is what makes our state so special.
Diving in the Atlantic Ocean, or at a deep cavern in a North Florida spring, canoeing in pristine rivers, deep sea fishing for marlin and sail fish, camping and exploring our state forests, partying on Ocean Drive or Lincoln Road in South Beach, watching a sunset in Key West, boating on the Intracoastal Waterways, spending an afternoon at a football or basketball game, or the Florida Grand Opera, horse races, casinos, or just enjoying the balmy weather, and our amazing blend of ethnicities, Florida is worth a visit, definitely.
I am a Real Estate Professional specialized in South Florida.
If you are searching for information to purchase a condo or a home in Aventura, or a Florida Condo, a Miami Condo, a Sunny Isles Condo or a Hollywood condo; a Fort Lauderdale Condo or a South Beach Condo, please call Henry B. Nathan and I will give you my best assistance.