New Year's Eve is the dearest night we checked this Miami winter: a typical hotel in our panel costs about $1,411, 2.4× a quiet midweek night ($597), with 6 of 23 hotels sold out. During Miami Art Week (1 to 6 December) the dearest nights are Thursday 3 December and Friday 4 December: about $1,231 a night, 2.1× a quiet night, with 3 of 23 hotels sold out. Art Basel Miami Beach opens to the public on 4 December, and by Sunday 6 December rooms are back to $509. On Saturday 1 May, Formula 1 Miami Grand Prix weekend (30 April to 2 May), a typical hotel costs about $980, 1.6× a quiet night, with 5 of 23 hotels sold out.
The answers
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- New Year's Eve is the dearest night we checked this Miami winter: a typical hotel in our panel costs about $1,411, 2.4× a quiet midweek night ($597), with 6 of 23 hotels sold out.
- During Miami Art Week (1 to 6 December) the dearest nights are Thursday 3 December and Friday 4 December: about $1,231 a night, 2.1× a quiet night, with 3 of 23 hotels sold out. Art Basel Miami Beach opens to the public on 4 December, and by Sunday 6 December rooms are back to $509.
- On Saturday 1 May, Formula 1 Miami Grand Prix weekend (30 April to 2 May), a typical hotel costs about $980, 1.6× a quiet night, with 5 of 23 hotels sold out.
- On Saturday 27 March, when the Miami Open, Miami Music Week and Ultra Music Festival overlap, rooms cost about $1,050, 1.8× a quiet night, with 4 of 23 hotels sold out.
- During the Miami International Boat Show (10 to 14 February) rooms cost about $879 on Saturday 13 February, 1.5× a quiet night, with 2 of 23 hotels sold out.
- The cheapest nights we checked: Thursday 19 November ($444), Sunday 6 December ($509), Wednesday 9 December ($568). An average quiet midweek night costs $597.
Every night we checked
The median of the lowest nightly rate at the same 23 hotels, 2 adults, before taxes and resort fees, and how many times a quiet midweek night ($597) that is. A sold-out hotel counts as dearer than any room on sale; "at least" means half or more were sold out.
| What's on | ||||
|---|---|---|---|---|
| Wed, 18 Nov 2026 | $604 | 1.0× | 2 of 23 sold out | No big event |
| Thu, 19 Nov 2026 | $444 | 0.7× | None of 23 | No big event |
| Wed, 2 Dec 2026 | $1,054 | 1.8× | 5 of 23 sold out | Miami Art Week 2026 |
| Thu, 3 Dec 2026 | $1,231 | 2.1× | 3 of 23 sold out | Miami Art Week 2026 |
| Fri, 4 Dec 2026 | $1,231 | 2.1× | 3 of 23 sold out | Miami Art Week 2026, Art Basel Miami Beach 2026 |
| Sat, 5 Dec 2026 | $991 | 1.7× | 1 of 23 sold out | Miami Art Week 2026, Art Basel Miami Beach 2026 |
| Sun, 6 Dec 2026 | $509 | 0.9× | None of 23 | Miami Art Week 2026, Art Basel Miami Beach 2026 |
| Wed, 9 Dec 2026 | $568 | 1.0× | None of 23 | No big event |
| Thu, 31 Dec 2026 | $1,411 | 2.4× | 6 of 23 sold out | New Year's Eve 2026 |
| Wed, 13 Jan 2027 | $625 | 1.0× | None of 23 | No big event |
| Fri, 12 Feb 2027 | $798 | 1.3× | 3 of 23 sold out | Miami International Boat Show 2027 |
| Sat, 13 Feb 2027 | $879 | 1.5× | 2 of 23 sold out | Miami International Boat Show 2027, Coconut Grove Arts Festival 2027 |
| Sat, 27 Mar 2027 | $1,050 | 1.8× | 4 of 23 sold out | Miami Open 2027, Miami Music Week 2027, Ultra Music Festival 2027 |
| Sat, 1 May 2027 | $980 | 1.6× | 5 of 23 sold out | Formula 1 Miami Grand Prix 2027 |
Prices collected by What's On Miami (whatsonmiami.com), which publishes the same nightly totals. Downloads: JSON, CSV (CC BY 4.0: cite "Points or Cash, Miami Hotel Price Index"). How it's measured: methodology. Las Vegas: the Vegas Hotel Price Index.
The events that move prices
Festivals, art fairs, shows, the big sports weekends and holidays, and conventions with 20,000+ attendees.
| Event | Dates | Where | Attendees |
|---|---|---|---|
| Veterans Day 2026 | 11 November | Citywide | Not published |
| Thanksgiving 2026 | 26 November | Citywide | Not published |
| Miami Art Week 2026 | 1 December to 6 December | Citywide | Not published |
| Art Basel Miami Beach 2026 | 4 December to 6 December | Miami Beach Convention Center | about 80,000 |
| Christmas Day 2026 | 25 December | Citywide | Not published |
| New Year's Eve 2026 | 31 December to 1 January | Bayfront Park | Not published |
| Orange Bowl 2027 (College Football Playoff semifinal) | 14 January | Hard Rock Stadium | Not published |
| Art Deco Weekend 2027 | 15 January to 17 January | Ocean Drive and Lummus Park | Not published |
| Martin Luther King Jr. Day 2027 | 18 January | Citywide | Not published |
| Life Time Miami Marathon and Half 2027 | 31 January | Bayfront Park | Not published |
| Miami International Boat Show 2027 | 10 February to 14 February | Miami Beach Convention Center | about 100,000 |
| Coconut Grove Arts Festival 2027 | 13 February to 15 February | Regatta Park, Coconut Grove | Not published |
| Washington's Birthday (Presidents Day) 2027 | 15 February | Citywide | Not published |
| South Beach Wine & Food Festival 2027 | 25 February to 28 February | Various venues, Miami Beach | Not published |
| eMerge Americas 2027 | 2 March to 4 March | Miami Beach Convention Center | about 20,000 |
| Calle Ocho Music Festival 2027 | 14 March | SW 8th Street (Calle Ocho), Little Havana | about 1,000,000 |
| Miami Open 2027 | 14 March to 28 March | Hard Rock Stadium | about 420,000 |
| Miami Music Week 2027 | 22 March to 28 March | Various venues, Miami Beach and Downtown Miami | Not published |
| Ultra Music Festival 2027 | 26 March to 28 March | Bayfront Park | about 165,000 |
| Miami Film Festival 2027 | 1 April to 11 April | Tower Theater | Not published |
| Formula 1 Miami Grand Prix 2027 | 30 April to 2 May | Hard Rock Stadium | about 275,000 |
| Memorial Day 2027 | 31 May | Citywide | Not published |
Events: the What's On Miami calendar (whatsonmiami.com), from the organisers' own sites, the Greater Miami Convention & Visitors Bureau and the Miami Beach Convention Center calendar. Attendance is the latest figure the organiser published, often for the previous edition.
Points or cash in Miami
Peak nights are where hotel points go furthest.
On the peak nights cash rates run 2.1 to 2.4 times a quiet night (3 of the 14 nights we checked cost twice a quiet night or more). A fixed or capped award price is worth far more on those nights than usual, so spend points there and pay cash for the quiet nights. Programs that price awards dynamically raise the points price with the cash price, so check the award against the cash rate before you book. Marriott (The Ritz-Carlton South Beach, The Miami Beach EDITION, JW Marriott Marquis), Hilton (Hilton Cabana), Hyatt (Andaz Miami Beach) and IHG (InterContinental, the two Kimptons) all have hotels in the panel; hotel points or cash has what each program's points are worth. On the busiest nights many hotels are sold out for cash well before the night, so book early either way.
Questions
What is the most expensive night to stay in Miami this winter?
New Year's Eve is the dearest night we checked this Miami winter: a typical hotel in our panel costs about $1,411, 2.4× a quiet midweek night ($597), with 6 of 23 hotels sold out.
How much more do Miami hotels cost during Art Basel?
During Miami Art Week (1 to 6 December) the dearest nights are Thursday 3 December and Friday 4 December: about $1,231 a night, 2.1× a quiet night, with 3 of 23 hotels sold out. Art Basel Miami Beach opens to the public on 4 December, and by Sunday 6 December rooms are back to $509.
How much do Miami hotels cost on Formula 1 Grand Prix weekend?
On Saturday 1 May, Formula 1 Miami Grand Prix weekend (30 April to 2 May), a typical hotel costs about $980, 1.6× a quiet night, with 5 of 23 hotels sold out.
How much do Miami hotels cost during Ultra and Miami Music Week?
On Saturday 27 March, when the Miami Open, Miami Music Week and Ultra Music Festival overlap, rooms cost about $1,050, 1.8× a quiet night, with 4 of 23 hotels sold out.
When are Miami hotels cheapest?
The cheapest nights we checked: Thursday 19 November ($444), Sunday 6 December ($509), Wednesday 9 December ($568). An average quiet midweek night costs $597. Nights without a big event cost least; Art Week, New Year's Eve, Ultra and the Grand Prix cost the most.
Should I use points or cash for a Miami hotel?
Use points on the peak nights, when cash rates run 2.1 to 2.4 times a quiet night (3 of the 14 nights we checked cost twice a quiet night or more), and pay cash on quiet nights. Hotel programs with fixed or capped award prices gain most on peak nights; dynamic-priced programs raise the points price with the cash price.
Checked by the Points or Cash team on 9 November 2026, from prices collected by What's On Miami. Prices are a sample, not a forecast: rates move daily. How we measure it.
Going to Miami on a peak night?
Tell Mila the dates and the points you hold. She prices the hotel nights, puts your points on the dearest ones and pays cash for the rest.
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