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CoStar Insight

Event-driven demand boosts Miami’s hotel performance, but reduced group activity poses challenges ahead

Games, performances and concerts drove recent revenue gains, while conventions and trade shows produced mixed results
With a capacity of just under 20,000, the Kaseya Center hosted a Katy Perry concert and a Lady Gaga performance in August.
With a capacity of just under 20,000, the Kaseya Center hosted a Katy Perry concert and a Lady Gaga performance in August.
CoStar Analytics
November 13, 2025 | 10:29 P.M.

The phrase “there’s always something going on” does not apply to every city around the country. But for Miami, it is true most of the time. As the epicenter of South Florida, the city hosts a variety of cultural festivals, sports games and entertainment events in addition to myriad conventions, conferences and trade shows throughout the year.

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