From the February issue: A year and a half ago, the New York City hotel industry was hurting badly, as tourists cut back on spending and business travelers stopped calling to book rooms.
But times have changed. Indeed, the industry, while not back to where it was at the market’s peak, has done a 180 and is now rebounding stronger and faster than most had expected.
This month, The Real Deal talked to hotel experts not only about the key metrics for evaluating hotel performance, but also about development, hotel sales and a host of other crucial industry markers. [more]
