So Why Is New York City’s Hotel Room Revenue Slumping? – Skift

August 27, 2019

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Tourism Is Up: So Why Is New York City’s Hotel Room Revenue Slumping? – Skift

Skift Take

With so many hotel rooms in the pipeline, a turnaround of slower revenue-per-room growth in New York City is not expected until after 2020. It’s a classic supply-and-demand problem, making it a delicate balance to get pricing power back in a city where tourism remains hot.

— Danni Santana

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