Hotel industry’s success cuts across boroughs

The city’s hotel industry may very well record its healthiest year ever when the clock strikes midnight tomorrow. In November, the average daily price of a hotel room in the city hit $292. The average is expected to be even higher for December, meaning the city should easily trump the previous yearlong record average of $237 a night set in 2000. And these 2005 record prices won’t have been paid only for Manhattan destinations hotels across the five boroughs are seeing high numbers (and low vacancies). more [Advance]