Hotel boom spurs fears of over-supply 

A boom in hotels has been encouraged by the record high occupancy rate recorded last year. But some question whether too many hotels are being built and wonder if the amount of tourists taking advantage of the weak American dollar could decrease if the global economy weakens. The amount of visitors to New York City in 2007 was up 5 percent from the 2006 record of 43.8 million. To meet the demand, hotels are increasing by 20 to 25 percent.