Florida Keys - 2025 Q1

The MarketCompass Lodging Report for the Florida Keys in 1Q 2025 reveals an under-performing hotel market, ranking in the 22nd percentile nationally. Investors are approaching the market cautiously, focusing on distressed assets with turnaround potential. The report analyzes key metrics, including occupancy, ADR, and RevPAR, across various hotel classes, from luxury to economy. It identifies strengths and challenges for each class, noting high single-month occupancy rates but lagging revenue growth in some sectors. Trends from 1990 through March 2025, along with recent performance data, provide a comprehensive overview of the lodging market. Click here to view a shortened preview of the report.