Revelers will want to think twice before booking a last-minute ticket to celebrate New Year’s Eve in the Sunshine State this year.

Hotel room rates more than double in many Florida cities as hoteliers take advantage of the dramatic increase in demand. A new survey from MiamiHotels.org shows that rates for most affordable rooms in Key West increase up to 178 percent between December 30 and January 2.

The most affordable rates at hotels in Miami and Fort Meyers Beach also more than double during the nights surrounding New Year’s Eve.

It’s interesting to note that Orlando is not included in the list of 10 Florida destinations with the most expensive rooms. As a family destination, rates might not vary as much during the New Year’s holiday as during other times of the year.

The 10 Florida destinations with the highest hotel rates over New Year’s Eve are outlined below. The rates reflect the nightly price for the most affordable double room from December 30 through January 2.

RankCityNew Year’s Eve RateIncrease (%) on Regular Rate
1Key West$472161%
2Miami Beach$309178%
3Sanibel Island$28788%
4Florida Keys$27069%
5Longboat Key$25972%
6Fort Myers Beach$252157%
7Miami Downtown$24292%
8Anna Maria Island$22962%
9St. Augustine$17950%
10Fort Lauderdale Beach$17879%
Photo Credit: The path to the beach at the Casa Marina, A Waldorf Astoria Resort, in Key West. Casa Marina Resort