Miami Resilient Despite Some Challenges

10/26/16

YTD 2016 average daily rate (ADR) at $175.72.

Occupancy in H1 2016 at 76.2%.

Miami International Airport traffic continues to trend upwards with domestic arrivals increasing to 6 million, a 4.9% increase year-over-year. International passenger arrivals grew to 5.4 million, 0.9% higher year-over-year.