Beachfront Rebound

While many hotel properties throughout the U.S. continue to suffer because of COVID-19, Florida waterfront lodging is showing strong signs of recovery.


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  • | 6:00 a.m. March 5, 2021
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COURTESY PHOTO — A pair of Philadelphia investment firms teamed with a Tampa company in January to acquire the 24-acre Islander Resort
COURTESY PHOTO — A pair of Philadelphia investment firms teamed with a Tampa company in January to acquire the 24-acre Islander Resort
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A surprising thing has happened even as hospitality projects nationwide have continued to suffer from the effects of the COVID-19 pandemic: A big chunk of Florida’s lodging sector has prospered.

Throughout the Sunshine State and especially along the Gulf Coast, waterfront hotels and beach-oriented resorts are reporting surging occupancy and revenue per available room, a key industry metric.

 

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