South Florida's Hotel Boom Puts EV Charging Into the Parking Budget
Miami-Dade adds 1,954 hotel rooms in 2026 as U.S. hotel parking revenue climbs 23.1%. Why hotel EV charging is now a parking budget line item in South Florida.
South Florida's hotel industry is experiencing a boom, with projections indicating that 1,954 additional hotel rooms will be added by 2026, according to CoStar. This growth has put a new emphasis on parking facilities, as hotel parking revenue has surged by 23.1% from 2019 to 2023, outpacing overall hotel revenue growth. EV charging is becoming an integral part of this equation, as 26.6% of U.S. hotels currently offer charging stations, a trend expected to continue.
Bobby Wallace, CEO of Key Largo-based commercial solar and EV charging developer Wallace Energy, notes that hotels and condominiums can accommodate EV charging by either allowing individual unit owners to install chargers in their designated parking spaces or by the association operating shared charging infrastructure. South Florida's high condominium market further complicates this decision, as condominium associations cannot prohibit charging station installations, but owners must cover installation, operation, maintenance, repair, and insurance costs.
For both hotels and condominiums, the installation of EV charging infrastructure is only the beginning, as the operational aspects, such as utility timelines and billing, will require careful consideration.
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