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Author

Chris Fernandes

Director at HVS New York

Chris FernandesAs a Director with HVS New York, Chris contributes to a team of experts who ensure you have rock-solid conclusions on your hotel’s value or feasibility, finding answers to all of your questions along the way. Chris formerly served in operational roles at Princeton University and Marriott. He graduated summa cum laude from the University of Delaware with a B.S. in Hotel, Restaurant, and Institutional Management and holds a certified general real estate appraiser's license.

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Manhattan Lodging Overview Summary – Q4 2020

The COVID-19 outbreak began affecting the New York City lodging market in late February 2020 and, in the months that followed, led to the virtual dissipation of traditional sources of lodging demand. As an international gateway city, the complete stoppage of inbound international flights and travelers is of particular note.
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