Why Florida - CW 2023 Q2 RFS

Leisure & Hospitality

IN 2022, FLORIDA RECEIVED 137.6M Visitors LARGEST IN THE STATE'S HISTORY 12.9% FROM 2021 5.0% FROM 2019

825 Miles BEACHES STATEWIDE 8 9 MAJOR

Tourism's Impact on Florida's Economy

$ 101.9 B

$ 83.2 B

$ 100 B

$ 80 B

$ 60 B

$ 40 B

MAJOR THEME PARKS

LEAGUE SPORTS

$ 20 B

Q1 2023 VISITATION

$ 0 B

2016

2017

2018

2019

2020

2021

1.8M INTERNATIONAL 36.0% FROM Q1 2022

34.6M DOMESTIC 8 TH CONSECUTIVE QUARTER OF GROWTH

HOME TO THE WORLD'S Top 3 Cruise Ports PORT OF MIAMI

1.7M Jobs Supported By Vistor Spending

PORT CANAVERAL PORT EVERGLADES 11.0M PASSENGERS IN 2022 – THE CAPITOLIST

IN Q1 2023, FLORIDA HOTELS RECEIVED 3.9% Bookings COMPARED TO Q1 2022

70.5% STATEWIDE AVG HOTEL/MOTEL OCCUPANCY RATE IN 2022 – STR

9.4% INCREASE FROM 2021

483,431 HOTEL ROOMS

4,514 PROPERTIES

Cushman & Wakefield | Why Florida