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Tuesday, August 16, 2011
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Part of the appeal of Miami Beach real estate is the tourism. Considering that the barrier island is one of the major destinations for tourism in South Florida, the real estate market arguably depends heavily on its health. Lately the tourism industry has been a little shaky, but could things have turned around with spring and summer?
The simple answer is yes. More than 21 million people visited “The Sunshine State” during late spring and early summer, which translates to a welcoming seven percent boost when compared to the numbers from 2010. In what could be construed as a correlation between the appeal of Miami Beach real estate with foreign buyers as of late, just over sixteen percent of tourists were also overseas visitors.
The boost in tourism is attributed largely to a determined push in marketing in cities across the state of Florida, Miami Beach included. Hoteliers are also predicting that once the summer season comes to an end, the numbers should also prove encouraging. If you haven't been to Miami Beach, come see what all the hoopla is about.
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