Lodging Review – New York, NY – Mid-Year 2018

The New York City hotel market experienced a decline in RevPAR and ADR in 2016 and 2017, but 2018 has shown significant improvements year-to-date. All metrics have shown positive increases, led by RevPAR growth of 5.3%. ADR rose 3.4%, and […]

Lodging Review – New York, NY – June 2017

New York City has long been one of the most desirable hotel markets in the world and consistently produces the highest RevPARand ADR rates of any market in the United States. Tourism continues to be one of the key growth […]