New York City Could Do With More Hotel Rooms, But Myriad Factors Are in the Way

New York City Could Do With More Hotel Rooms, But Myriad Factors Are in the Way

The city lost hotel rooms after they were converted to migrant shelters while a recently passed bill made it harder to build new ones.
2 days ago
from: Commercial Observer

Continue reading...
Hospitality industry, Julie Menin, New York, Tourism
More about this
- Hotel industry proposes its own licensing bill
After blasting Council member Julie Menin's Safe Hotels Act, the hotel industry proposed a compromise that protects subcontractors.
from: The Real Deal
- The Daily Dirt: Tumultuous time for NYC hotels
It is not a great time for New York City's hotels. For one, the city has lost 6,000 rooms since 2019, half of which were in Manhattan,...
from: The Real Deal
- New York City hotel market stuck in a losing streak
New York City's hotel market has lost thousands of rooms amid requirements for special permits and construction costs.
from: The Real Deal