The Jumeirah Essex House
From the May issue: Those who have invested in New York City hospitality in the last few years are likely sitting pretty with revenue per room, hotel occupancy and room rates all up. But with that improvement has come a higher barrier of entry for new investors. As a result, analysts say, the enthusiasm to invest in hotels has cooled, as potential buyers recognize that the steepest performance gains may now be in the past. [more]
