logo
Florida saw record-breaking visitor surge last year

Florida saw record-breaking visitor surge last year

CBS News13-02-2025

MIAMI - An estimated 142.9 million people traveled to Florida last year, a record total as the tourism industry continues to rebound from the COVID-19 pandemic.
The numbers were released Wednesday by Gov. Ron DeSantis Office.
During an appearance that morning at the 2025 Discover Boating Miami International Boat Show, DeSantis called the estimated total a "pretty good increase" over the previous record of 140.62 million visitors in 2023.
The new numbers continued to be bolstered by people traveling to Florida from other states, which accounted for 91.5% of the 2024 total. Such domestic tourists comprised nearly 93% of the overall count in 2023. In 2019, the last full year before the pandemic, it was 89.4%.
International travel is still off
Meanwhile, international travel continues to lag behind pre-pandemic levels.
An estimated 3.3 million Canadians made their way to Florida last year, up from 3.23 million in 2023, but short of the 4.088 million in 2019. Overseas travelers reached 8.9 million last year, up from 8.309 in 2023 but lower than the 9.801 million in 2019.
In the f ourth quarter of 2024, Florida had an estimated 33.1 million visitors, up from 32.85 million a year earlier, according to the numbers released Wednesday. The state also totaled 742,000 Canadian visitors and 2.5 million overseas travelers during the final three months of 2024, topping the figures from 2023.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

From Canada to Your Car: How Cleancy and World-Class Detailer Moris Are Elevating Car Care in India
From Canada to Your Car: How Cleancy and World-Class Detailer Moris Are Elevating Car Care in India

Time Business News

time3 hours ago

  • Time Business News

From Canada to Your Car: How Cleancy and World-Class Detailer Moris Are Elevating Car Care in India

In a move that's shaking up the car care industry in India, Cleancy Car Wash has joined hands with one of the world's finest car detailers—Moris, a renowned automotive detailing expert from Canada with over 20 years of experience in ceramic coating, paint protection, and luxury car detailing. This collaboration brings global standards of automotive care to Indian driveways, and it all started with one game-changing meeting. Atif Pasha, the founder of Cleancy Car Care Services, first met Moris during a trip to Canada. A passionate entrepreneur and car enthusiast, Atif was instantly captivated by the level of precision, professionalism, and finesse Moris delivered in every vehicle he touched. Whether it was a vintage classic or a high-end sports car, Moris approached each detailing session as an art form. 'At that moment, I knew this was the benchmark India needed,' says Atif. 'People in cities like Bangalore want their cars to shine—not just look clean but feel like new. And no one I had seen did it better than Moris.' That encounter became the inspiration to bring international-grade detailing services to India under the Cleancy brand. Moris is more than a detailer—he's a perfectionist. For two decades, he's built a name across Canada for his flawless ceramic coating applications, luxury detailing packages, and deep restoration work. His clientele includes exotic car owners, auto collectors,who trust him with their prized possessions. What makes Moris special? Unmatched Attention to Detail : Every scratch, swirl, and imperfection gets his full attention. : Every scratch, swirl, and imperfection gets his full attention. Master of Ceramic Coating : He's among the few certified experts globally for multiple premium ceramic coating brands. : He's among the few certified experts globally for multiple premium ceramic coating brands. Detailing Educator: He has trained dozens of detailers across North America and now—the Cleancy crew in India. Rather than outsourcing services or hiring from outside, Cleancy made a bold move—Moris personally trained Cleancy's Captain Crew, the professionals who now perform detailing and coating services across Bangalore. From body panel prep to advanced buffing, interior steam cleaning to applying 9H ceramic coating, Cleancy's team has been taught the same techniques Moris uses in his Canadian studio. The result? A level of service that's rarely seen in India. 'We wanted to make sure our customers aren't just getting a service—they're getting Moris-level quality,' says Atif. 'That's why our entire crew is trained in-house. It's the only way to maintain consistently high standards.' With Moris' legacy now embedded in Cleancy's DNA, customers in Bangalore are discovering what true car detailing looks like: Multi-stage polishing for deep gloss and clarity for deep gloss and clarity Premium ceramic coatings that protect for years, not months that protect for years, not months Steam-powered interior detailing for a deep, hygienic clean for a deep, hygienic clean Attention to every inch—from engine bay to tailpipe The buzz is growing. Luxury car owners, car lovers, and even regular commuters are lining up to book Cleancy's premium packages. 'It's like my car just rolled out of a high-end showroom,' one BMW owner said after a recent ceramic coat session. From a chance meeting in Canada to setting new standards in India, the story of Cleancy and Moris is more than a business venture—it's a mission to elevate how cars are treated. Backed by one of the world's best detailers and driven by in-house excellence, Cleancy isn't just washing cars—it's restoring pride in every vehicle they touch. Ready to experience world-class detailing in your city? Book a premium service today at Cleancy and see why Bangalore's car owners are choosing nothing but the best. TIME BUSINESS NEWS

The Dollar Is Crumbling, And Hedge Fund Analyst Says A New Global Trade Is Brewing
The Dollar Is Crumbling, And Hedge Fund Analyst Says A New Global Trade Is Brewing

Yahoo

time3 hours ago

  • Yahoo

The Dollar Is Crumbling, And Hedge Fund Analyst Says A New Global Trade Is Brewing

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. As the U.S. dollar has slumped to its lowest level in over two years, emerging market stocks rallied in near-perfect inverse fashion—a trend that may be just at its early stages. The iShares MSCI Emerging Markets ETF (NYSE:EEM), which holds more than 800 EM stocks, posted its ninth consecutive daily gain—the longest streak since the fund's inception in 2016—reaching levels last seen before Russia's invasion of Ukraine. 'As an investor, I want to operate under the assumption that... the dollar is going to be devaluing," Otavio Costa, macro analyst at Crescat Capital, said in an exclusive interview with Benzinga. "You want to buy natural resources, you want to buy hard assets, but you also want to buy emerging markets in a big way,' he added. Trending: Let your money work smarter: . No hidden fees, no commitment. At the core of Costa's view is the widening gap in interest payments between the U.S. and its developed peers. The U.S. spends about 5% of its gross domestic product on interest—when combining federal and local levels—far exceeding developed peers like Germany, Japan, and Canada, where interest costs are about 1%. Because the U.S. has far less fiscal flexibility, Costa believes it will be forced to cut rates more aggressively than other economies. For Costa, the implication is clear: 'That's going to translate into interest rates differentials contracting and causing the dollar to fall."Costa emphasized the valuation gap between U.S. and emerging market equities. "The Cyclically Adjusted Price-to-Earnings (CAPE) ratio of the U.S. is about 35, one of the highest in history. You look at Brazil, and it's about 12." he said. "Why would you not deploy capital there?' Costa sees emerging markets, hard assets and undervalued foreign equities as the likely beneficiaries of this rotation. He sees particular value in Brazil, not just in equities but in fixed income as well. "In Brazil, the equity market looks attractive, the bond market looks very attractive," Costa said. Among developed markets, Costa is particularly bullish on Canada. He sees the Canadian dollar—historically linked to oil and natural gas—on the verge of a breakout, fueled by its commodity exposure and underweight positioning in global portfolios. "The Canadian dollar is a contrarian play that could benefit from U.S. weakness and commodity strength," he said, adding that Canadian mining companies could also enjoy capital inflows. He added that capital markets are already signaling a shift. "Argentina starts doing well all of a sudden after politics changes... India is doing quite well. Japanese equities doing better than the U.S. Now you're seeing European equities outperform U.S. equities." "These things are just starting to occur," he said. "They're big moves." Read Next: Level up your portfolio tracking with Snowball Analytics: see all your investments in one dashboard with real-time stock and dividend tracking for free today. Image created using artificial intelligence via Midjourney. This article The Dollar Is Crumbling, And Hedge Fund Analyst Says A New Global Trade Is Brewing originally appeared on Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

Warren Buffett's Berkshire Hathaway expects housing market price changes soon
Warren Buffett's Berkshire Hathaway expects housing market price changes soon

Miami Herald

time3 hours ago

  • Miami Herald

Warren Buffett's Berkshire Hathaway expects housing market price changes soon

Homebuyers have faced a turbulent housing market over the past few years. Rising home prices and elevated mortgage rates have forced many Americans to reconsider or postpone homeownership until conditions become more affordable. In 2020 and 2021, home prices skyrocketed as moving patterns shifted from cities and homebuyers began to take advantage of record-low mortgage rates below 3%. After the initial Covid-era housing boom, surging inflation in 2022 exacerbated housing prices that were already on the rise. Don't miss the move: SIGN UP for TheStreet's FREE daily newsletter As mortgage rates inch back toward 7%, homebuyers have tempered their expectations for a strong 2025 housing market rebound, but rising home inventory may be enough to lure them back to the market. Though the outlook for the second half of the year is uncertain, many experts believe that homebuyers will have more options and negotiating power as listings take longer to sell. Berkshire Hathaway Home Services believes there may be a shift in the housing market, offering advice for how buyers and sellers can navigate prices in the midst of continued market swings. Image source: Shutterstock Years of rising mortgage rates have created a housing market stalemate where sellers became hesitant to list their homes, creating a supply shortage and increasing competition among homebuyers. Many first-time homebuyers have been collateral damage, forced to delay or rethink homeownership entirely. Eventually, buyer demand has weakened enough to the point that housing inventory reached a surplus of over 500,000 homes, the highest level since 2013. Now, housing conditions have completely shifted, creating a buyer's market for the first time in years. For sellers to keep their listings competitive, Berkshire Hathaway Home Services suggests they may need to implement price reductions. More on homebuying: The White House will take surprising approach to curb mortgage ratesHousing expert reveals surprising ways to reduce your mortgage rateDave Ramsey predicts major mortgage rate changes are coming soonWarren Buffett's Berkshire Hathaway sounds the alarm on the 2025 housing market The blog recommends that sellers examine home prices in their area and look at home sales trends over the past few months. "Accept the current market. Ask for an updated comparative market analysis with detailed sales trends over the last three months. Are home sales slowing or accelerating? Are home prices rising or falling? Price your home slightly under the trends." found that home listings spent an average of 51 days on the market in May, up from 45 days in May 2024 but on par for the pre-Covid housing market. However, the number of unsold homes is up 21% from last year, marking a considerable change in sales trends. In March, which is typically the onset of renewed buyer demand during the spring housing market, 23% of home listings received a price reduction. Now, as housing inventory rises, sellers are losing the upper hand and may need to lower their pricing expectations. Related: Fannie Mae predicts major mortgage rate changes are coming soon The Berkshire Hathaway Home Services blog wrote that, "A price reduction should send the right message to the marketplace - that your home is well worth its asking price." It also suggests that sellers may need to put in more effort to draw in buyers and close sales. "Pay for professional staging and photography to showcase your home to better advantage online. Highlight the charms and special features of your home as well as the neighborhood." While this may not be the shift sellers were hoping for, a more favorable environment for buyers may be enough to motivate housing activity and undo the current gridlock. Related: Veteran fund manager unveils eye-popping S&P 500 forecast The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store