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Tourism, Communities and the growing Hotel Industry

Fort Lauderdale is one of South Florida’s premier destinations for tourism, as evidenced by its annual average of 12 million visitors. Since 1950s, Fort Lauderdale has been a prime spot for spring breaks, summer getaways, and in recent times, cruise, yacht and nautical activities<br>

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Tourism, Communities and the growing Hotel Industry

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  1. Tourism,CommunitiesandthegrowingHotelIndustry FortLauderdaleisoneofSouthFlorida’spremierdestinationsfortourism,asevidencedbyits annualaverageof12millionvisitors.Since1950s,FortLauderdalehasbeenaprimespotfor springbreaks,summergetaways,andinrecenttimes,cruise,yachtandnauticalactivities.Atthe centerof all this is FortLauderdale’s boominghotel industry. Thetourismandhotelindustriesaresymbiotic;touristsneedaplacetostay,andhotelsneedpeople to stayin them.The trickis findingthe rightbalancebetween newhotelconstruction and averageannualtourismincrease.Iftherearenotenoughnewhotelsbeingconstructedtomeetdemand, thereisashortagethatcausespotentialtouriststorethinktheirvacationplans.Findingthatbalance supportstheindustry,anditprovidesanimportanteconomicandsocialboontotheresidentsand localcommunities in cities like FortLauderdale. Thebenefitsaffordedbyaboomingtouristindustryareimmediateandimpactful.Moremoney comesintothecity,empoweringsmallbusinessandartisanswhoaresuretohavearegularannual customerbase.Thatmoneygoesintothecommunity,whereitimprovesthegeneralstandardof living. Italsohelpsfund localgovernmentprojects.Under therightcircumstances, thriving tourismand hotelindustriesallow their communities to thrive, as well. HowHotelConstruction and TourismRates Interact Tourism,aspreviouslymentioned,requireshotels.Moreavailablehotelsmeansmorepotential tourists.FortLauderdaleplayshosttoapproximately12millionvisitors,nearlythreemillionof whomareinternational,annually.Aftera2012census,itwasfoundthathotelsingreaterFort Lauderdaleaveragedabouta72percentoccupationrateyear-round,acrossthe561hotelsinthe area.FortLauderdaleisnostrangertotourism,andthatisreflectedintheirhugehotelindustry. In ordertomaintainthisindustry,balancemustbeachieved.Hotelconstructionmusthappentodrive touristinterestinthecity,keepinghotelpricesreasonableandofferingnewandexcitingoptions totouristsconsideringFortLauderdaleasavacationspot.Hotelconstructionalsocannotexceeded the expected annualincreasein tourism bysomuchthattherearetoomanyhotels,orthepricefor anightwill betoolow.If hotel constructionis toolimited,prices will betoohigh, and eventually, therewill not beenough rooms forpotentialtourists,who willtaketheirmoneyelsewhereinstead ofspendingitincommunitiesinFortLauderdale.Thisbalancingactissomethingthatthehotel mogulsofFortLauderdalehavecometomaster,anditiswhytherehasbeentouristinterestin FortLauderdalesince1950s.

  2. What HotelConstruction Doesforthe Community The communitiesofFortLauderdalebenefitthe most fromhotelconstruction.Increasing tourism ratesdrivesmallbusinessandartisans,whomaketheirlivingbysellingtheirservicesandwares totouristwaves duringpeak tourismseason. Thismoneygoes towards improvingtheoverall qualityoflifeforlocalresidents,aswellasprovidingfundsforthelocalgovernmenttobuild community-focused projects like improvementofinfrastructure. The agilebalancing actofhotelconstructioniswellknowntotheFortLauderdalehotelindustry. Itsbenefitsandboonstothelocaleconomyandcommunitysupporthigherqualityoflifeand enrich the futureof localresidentsand their successivegenerations. ArticlesSource:http://www.travelsonlines.com/tourism-communities-and-the-growing-hotel-industry/

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