PROFILEconnect: The Rise Of Hospitality Real Estate In Miami
PROFILEmiami is pleased to present the next installment of PROFILEmiami’s highly-anticipated PROFILEconnect bespoke networking event series. PROFILEmiami is set to host an evening soirée of networking and cocktails, while hearing from the top developers and investors who are leaders in Miami’s hospitality real estate sector.
Immerse yourself in Miami’s indulgent hospitality and entertainment atmosphere for bespoke networking before listening to an engaging panel discussing the ‘Rise of Hospitality Real Estate in Miami’.
The relaxed and open setting provides an amazing opportunity to network with Miami’s top industry leaders and market makers, highlighted by Keynote Speakers hotelier Ronny Finvarb and moderated by legendary Miami-based architect Kobi Karp.
PROFILEconnect brings together Miami’s real estate industry and business professionals to network and connect outside of a business setting. PROFILEconnect is attended by Miami’s top investors, developers, business professionals, brokers, financiers, architects and designers. Guests will have the opportunity to network and share their experiences in South Florida through thoughtful discourse, while forging new relationships with industry leaders.
Why Hospitality Real Estate?
What is hospitality real estate? In real estate, hospitality consists of a wide range of product types including hotels, restaurants, luxury shopping centers, water parks, amusement facilities, golf courses and cruise ships. Miami-Dade has gained nearly 50,000 new residents over the past several years. This surge in population occurred alongside historic levels of domestic tourism, foreign arrivals to Miami International Airport increased by more than 70% in 2022 and visitor volumes at the Port of Miami improved nearly 5X that same period.
These factors spearheaded local consumer spending, which greatly benefited retail fundamentals. Miami Design District has evolved into one of the hottest and most visited shopping districts in the world, home to stores such as Louis Vuitton, Rolex, Chanel, Dior, etc. Many of the world’s top restaurants have also opened in Miami including Queen, CARBONE, Contessa, MILA, ZZ’s Club, Amal, Sofia, Avra, the list goes on and on.
This massive influx of travelers also jolted local hotel demand to unprecedented levels, with the total number of booked room nights now exceeding 17 million annually. Hotel revenues also rose by more than 20%, with the figure eclipsing $180 per available room late last year. Total occupied room nights are projected to exceed last year’s total, setting a new record.
Space is limited due to venue constraints, so buy your tickets soon before they sell out.
Who Should Attend: Developers, Investors, Brokers, Lenders, Architects, Lawyers, Designers, Wealth Managers, Financial Planners, CPAs and other Business Professionals.
Date: TBD
Where: TBD
Panelists:
Ronny Finvarb, Finvarb Group
Moderator: Kobi Karp, Kobi Karp Architecture & Interior Design