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Article: FL Hotels Making a Comeback; Ernst & Young Report Shows Signs of Recovery as Orlando Tops Miami and Tampa.
- Article from:
- Business Wire
- Article date:
- September 9, 2002
CopyrightCOPYRIGHT 2002 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business/Travel Editors
MIAMI, Fla.--(BUSINESS WIRE)--Sept. 9, 2002
The Florida hospitality industry is beginning to improve, albeit at a slower pace than the nation. After surviving what may be its toughest twelve months in the past decade, the hospitality industry is beginning to show signs of life. After absorbing the deadly combination of the 9/11attacks, drop in the stock market, new supply pressure and prolonged reductions in corporate and leisure travel, the key markets of Miami, Orlando and Tampa, though behind 2001 performance levels are improving. In a report released today, Ernst & Young's Hospitality Advisory Services Group assesses the ...
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