Fort Lauderdale

Market Insights

Fort Lauderdale is a city in the U.S. state of Florida, 28 miles north of Miami. It is the county seat of Broward County. As of the 2010 census, the city had a population of 165,521 in 2010.It is a principal city of the Miami metropolitan area, which was home to an estimated 6,012,331 people in the 2015 census.The city is a popular tourist destination, with an average year-round temperature of 75.5 °F and 3,000 hours of sunshine per year.Greater Fort Lauderdale, encompassing all of Broward County, hosted 12 million visitors in 2012, including 2.8 million international visitors. In 2012, the county collected $43.9 million from the 5% hotel tax it charges, after hotels in the area recorded an occupancy rate for the year of 72.7 percent and an average daily rate of $114.48. The district has 561 hotels and motels comprising nearly 35,000 rooms. Forty-six cruise ships sailed from Port Everglades in 2012.

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