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Article: Manhattan's hotel market is number one in the nation.
- Article from:
- Real Estate Weekly
- Article date:
- June 13, 2007
CopyrightCOPYRIGHT 2007 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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HVS Hospitality Services, a global hospitality consulting firm, in conjunction with New York University's Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, recently completed the 2007 Manhattan Hotel Market Overview.
A slight uptick in Manhattan's occupancy level in 2006 led to a record high of 85.0%. Despite a virtually stable occupancy, the Manhattan lodging market registered a 13.4% increase in RevPAR compared to 2005, continuing its impressive performance.
The market's RevPAR gain was supported by double-digit growth in average rate each month of the year, with the exception of December, causing year-end 2006 average rate ...
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Article: ALLIANCE FOR DOWNTOWN NEW YORK, BOROUGH OF ...
US Fed News Service, Including US State News;
February 22, 2007 ;
700+ words
...The City University of New York's Borough of Manhattan Community College issued the ... The Alliance for Downtown New York developed the Private Security ... partnership with Borough of Manhattan Community College, the Manhattan ...
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