Evolution has been key in Miami’s economic history from tourism to a financial center for Latin America to a high-profile hub for financial and tech companies.
Financial crises in Miami, like in other cities, create opportunities to develop more significant projects and to get more creative.
Land prices, commercial properties and supply chain issues continue to command attention in the real estate industry, including corporate and retail. Several conference presenters forecast corrections in land and construction prices.
One of the trending topics right now is non-fungible tokens (NFTs) digital assets that include collectibles, artwork, and video game characters. Its feasibility for real estate transactions is being explored.
Technology is also making vacations or events easier to plan, execute and purchase.
The use of cryptocurrency on booking engines for travel has grown 200%.