Miami Seasonality and rates

The key to finding cheap accommodations in South Beach is to fully understand the effects that the time of year plays upon the Miami Beach lodging industry. Like hotels, extended stay facilities that offer Miami Beach lodging base their rates on the demand for rooms. When vacationers and business travelers are most anxious to come to the city, rates are higher. Cheap accommodations in South Beach are available when the demand is lower.

Historically, understanding the seasonality of Miami was enough to find good discounts. Now, a number of other factors come into play, making smaller high and low peaks of activity during the low, mid and high seasons. Annual special events, such as Art Basel, the Miami Boat Show and the Winter Music Conference, always result in spikes in pricing for Miami Beach extended stays. Additional conferences, conventions, concerts and festivals are held in Miami every year and have variable dates that can affect pricing.

Holidays also cause variations in the levels of crowds and, as a result, in the prices available for Miami extended stay rooms. Christmas, New Year's and Easter are the busiest holidays in Miami as these are celebrated around the globe. Other U.S. holidays held in the mid and low seasons draw crowds of domestic travelers, such as Independence Day. Because Miami attracts a large number of foreign tourists, major international holidays can also impact price. Before calling to book a Miami extended stay vacation, travelers should conduct a quick Internet search to see what events are taking place. In addition, Americans should look into foreign holidays that can impact their vacations, while foreign travelers should look over the U.S. holiday list.