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Hotel room inventory skyrockets

Hotel room inventory skyrockets

New York’s rapidly expanding inventory of hotel rooms is continuing to grow, the Post reported, making developers increasingly dependent on the tourist trade. In the last decade, the number of hotel rooms in Manhattan...

Hotel room inventory skyrockets
Asset management firm closes on future Herald Square hotel site

Asset management firm closes on future Herald Square hotel site

Kansas-based hotel and asset management firm Lodgeworks, manager of the Sierra Suites Hotel Collection and Aloft hotels among others,...

Asset management firm closes on future Herald Square hotel site
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Hersha buys Hyatt Union Square for $104M

From left: Jay Shah, CEO of Hersha Hospitality, a 2010 rendering of the Hyatt Union Square and Sam Chang of McSam Hotel Group [Updated 10:54 a.m., June 30, with comments from Ashish Parikh, Hersha’s...

Hersha buys Hyatt Union Square for $104M
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Downtown Brooklyn Hyatt plan in doubt

Two vacant, adjoining lots in Downtown Brooklyn are on the market, as a plan to build a Hyatt Place Hotel there has yet to materialize, according to the Brooklyn Eagle. The lots at 32-40...

Downtown Brooklyn Hyatt plan in doubt

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