October 02, 2006
Average NYC hotel rate climbing toward $300 for fall
This fall, the average New York City hotel rate will approach $300 a night, PKF Consulting told Crain's business newspaper.
For the first seven months of 2006, the average room rate hit $241, a level that's already pricing out travelers who are avoiding New York or shortening their stays, according to Crain's.
Earlier: New New York City hotels: even mid-range is $219
Steep forecast: top-tier NY hotel rates rising 15 pct
Average Manhattan hotel room expected to hit $245
October 2, 2006 05:19 PM in Hotelology
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