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Subject: Hampton Inn Miami Airport · 150 rooms · primary compset
109.1
vs 100 fair share
97.5
vs 100 fair share
106.4
vs 100 fair share
| Property | Brand | Rooms | Occupancy | ADR | RevPAR |
|---|---|---|---|---|---|
| Hampton Inn Miami Airport | Subject | 150 | 78.0% | $165 | $129 |
| Holiday Inn Express MIA Airport | Holiday Inn Express | 130 | 72.0% | $142 | $102 |
| Hilton Garden Inn Doral | Hilton Garden Inn | 180 | 68.0% | $175 | $119 |
| Aloft Miami Brickell | Aloft | 160 | 75.0% | $185 | $139 |
Home2 Suites MIA Airport
Foundation inspection passed — vertical construction beginning
Holiday Inn Express MIA Airport
New liquor license application — may indicate F&B upgrade or conversion
Tru by Hilton MIA
Hilton franchise disclosure document filed for Tru by Hilton at 7800 NW 36th St
Home2 Suites MIA Airport
Building permit application filed with Miami-Dade County for 120-room extended stay hotel
Aloft Miami Brickell
Major renovation permit — $4.2M scope including lobby, rooms, F&B
Hilton Garden Inn Doral
Property sold to Aimbridge Hospitality for $32M ($177K/key)
Under Construction (90% prob)
850 rooms
Final Planning (60% prob)
320 rooms
Planning (30% prob)
480 rooms
Probability-Weighted
1,101 rooms
Projected occupancy decline of 2.8 points, RevPAR impact -$5