New York City Market
NYC Extends Lead Among the Major Markets, Autumn Destinations Have Been Popular as Well
STR | October 25, 2022
STR’s U.S. “bubble” chart update for mid-October 2022 highlights the best and worst performing hotel markets in terms of occupancy, the average percentage of rooms being filled. Data for the four weeks ending 15 October shows that New York City widened its performance lead over the other large markets and that leisure travelers flocked to autumn destinations as well as resorts far removed from the path of the hurricane. Among the Top 25 Markets, New York City had the highest occupancy at 84.7%. Boston (81.6%) was second, while Anaheim (80.7%), Nashville (79.3%) and San Diego (79.1%) rounded out the top five. Nashville saw a...
New York City Market Continues to Lead the U.S. Construction Pipeline
LODGING ECONOMETRICS | April 30, 2021
PORTSMOUTH, NH – April 30, 2021 – In the recent U.S. Construction Pipeline Trend Report released by Lodging Econometrics (LE), at the close of Q1‘21, New York City continues to hold the lead amongst U.S. markets for the most projects in the U.S. construction pipeline with 145 projects/24,762 rooms. Other U.S. markets that follow are Los Angeles with 144 projects/23,994 rooms, Dallas with 135 projects/16,260 rooms, Atlanta with 132 projects/18,264 rooms, and Orlando with 98 projects/17,536 rooms. New York City has the greatest number of projects under construction with 110 projects/19,457 rooms. Following New York City with the highes...
