Rising hotel rates stymie city visits

Rising room rates at New York hotels are dissuading people from visiting the city. In the first seven months of this year, hotel occupancy fell 1.2 percent to 83.8 percent compared with the same period in 2005. At the same time, the cost of a hotel room in the city jumped 11 percent to $241 a night. more [Crain’s]

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

Rising hotel rates stymie city visits

Rising room rates at New York hotels are dissuading people from visiting the city. In the first seven months of this year, hotel occupancy fell 1.2 percent to 83.8 percent compared with the same period in 2005. At the same time, the cost of a hotel room in the city jumped 11 percent to $241 a night. more [Crain’s]

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.