MIAMI—Early this week in Miami saw some musical chairs. Most of the significant activity was in Central and South Florida.

BY THE NUMBERS

Nearly 12,500 hotel rooms are under construction in Florida and another 15,600 are making their way through the planning stage and expected to break ground in the next 12 months. Of these deliveries, the Miami-Hialeah metro has 4,900 rooms under construction. (Marcus & Millichap)

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