Industry Update
External Article20 June 2011

Developers Build on Hotel-Room Boom

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New York's hotel industry continues to show dazzling numbers on both the supply and the demand side. In 2010, there were 25.7 million overnight stays in the city's hotel rooms, up from 23.6 million in 2009 and 23.3 million in 2008, according to Eastern Consolidated.

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