Below are some of the FYIs in this week’s edition. The entire content of this week’s FYIs and Insider sections is available by subscription only. To subscribe click here. HOTELS FILL SWIFTLY: Taylor Swift brought more than a show to Miami-Dade in her two-night performance at Hard Rock Stadium that attracted 122,000 fans. She also brought the highest national increases in hotels’ average daily room rates and revenue per available hotel room the week ending Oct. 19, according to CoStar, which provides information and analytics in the properties market. The county’s hotel rates rose 29.9% to average $245.28 per room night, while revenue per available room soared 35.5% to $179.92. For the nation as a whole, the average daily rate was up 2.5% to $169.85, while revenue per available room rose 4.2% to $119.01. In the third vital category of hotel data, occupancy rate, Tampa saw the largest national gain, rising 23.6% to 83.7% due to displacement demand from Hurricane Milton, CoStar said. The national hotel occupancy rate for the week was 70.1%, up 1.6%.  BUSWAY DELAY APPROVED: With no discussion but an unexplained vote against from South Dade Commissioner Kionne McGhee, Miami-Dade commissioners this month added $17 million and 250 days to finish the South Dade Transitway. The original final completion date was in April 2023, which was followed by a delay. The new delay postpones the completion date for the 20-mile transitway for higher-speed buses to next January, when all 14 new Bus Rapid Transit stations, the roadbed and all technical equipment to speed buses through intersections are to be in place. But the start of actual bus service after that date faces at least one other sticking point: installation in buses and testing of new fare collection system. No date has been announced for actual bus trips on the first of six new transportation legs planned in the county’s Smart Program, announced in 2016.   FPL BILL RISE SOUGHT: Florida Power & Light customers are likely to face increased monthly bills in 2025 after the utility Tuesday requested approval to collect nearly $1.2 billion to cover costs of restoring power after hurricanes Debby, Helene and Milton and to replenish a storm reserve fund. FPL wants to recover an estimated $1.179 billion over a 12-month period starting in January. The Public Service Commission would need to approve FPL recovering the money, but utilities have regularly received such approvals. Storm costs are essentially a temporary add-on to customer bills. Utilities use as a benchmark residential customers who consume 1,000 kilowatt hours of electricity a month. Under the proposal, residential customers in this area who use 1,000 kilowatt hours would see monthly bills rise from the current $121.19 to $133.99 in January. Related Posts:Miami hotel rates, revenues near top in nationFYI Miami: December 8, 2022FYI Miami: May 4, 2023FYI Miami: March 30, 2023FYI Miami: January 26, 2023The post FYI Miami: October 31, 2024 appeared first on Miami Today.