Hot Spot
Country

New York City

New York State’s hotel industry has experienced a decade of strong growth, driven by an increase in tourism. A record number of visitors (227.5 million) came to New York State in 2014, and a new record was likely set in 2015. To accommodate the increased demand, more than 45,000 hotel rooms were added across the State between 2006 and 2015. Most of the rooms were added in New York City. In 2015, New York City had more than 107,000 hotel rooms, 48 percent more than in 2006. The industry plans to add another 26,500 rooms by the end of 2019.

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In the News

New Details, Logo Revealed for Disney's Hotel New York - The Art of Marvel at Disneyland Paris

Opening summer 2020, it will infuse the dynamic, inspiring art world of Super Heroes including Iron Man, The Avengers, and Spider-Man among others, to the elegant and vibrant Big Apple atmosphere. Since 1992, the Disney's Hotel New York welcomed millions of guests and immersed them into New York culture, the design of architect Michael Graves and the atmosphere of the Big Apple.

PwC Manhattan Lodging Index - Q3 2018

Growth in average daily room rate ("ADR") began to slow from the first half of 2018, minimizing gains in revenue per available room ("RevPAR") for Manhattan hotels. During the third quarter, minimal increases in lodging supply exceeded growth in demand, with occupancy posting declines year-over-year.