Recent Articles

New York City Hotel Trends, 2005 Mid-year Review and Outlook
By Sean Hennessey

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Press Clippings

"The quarterly performance was especially impressive, considering that Easter this year fell in March as opposed to April, Easter week typically being a slow period for business travel."

NYC Hotel Rates Rise As Occupancy Soars
May 16, 2005
By Bruce Serlen
BTNOnline.com
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"A compounding factor driving Americans to explore European vacations. A strengthening environment for business travel in the U.S. has left fewer rooms for vacationers and pushed up hotel prices," making Europe increasingly attractive to American vacationers.

Europe on Sale
June 9, 2005
By Sophia Banay
Forbes.com
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"With the rise in condominium prices, more than 40 percent of the hotel projects now planned in New York will include condominiums."

A Building with Separate Identities
May 22, 2005
By Josh Barbanel
NewYorkTimes.com
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