MIAMI—North Dakota may be the best-performing state in Marcus & Millichap’s Statewide Hotel Property Index, but Florida isn’t too far behind. And Miami is helping to lead the charge.

According to M&M, tourism surged in Florida in 2011. And the addition of 114,000 jobs in the state sparked a 12.5% jump in in-state travel. Florida ranks fifth on M&M’s list, but is separated from second place by less than two percentage points.

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