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RSS DAILY - City Spotlight: New NY Hotel Rooms Give Hard-Pressed Buyers Glimmer Of Hope City Spotlight: New NY Hotel Rooms Give Hard-Pressed Buyers Glimmer Of HopeDiscussions of the top domestic hotel markets for corporate travel buyers generally boil down to two points: New York and everywhere else. With nowhere in the world outside of the limited Moscow hotel market more expensive, with average rates 30 percent higher than the next most expensive U.S. city���Washington, D.C.���and a whopping 135 percent higher than the U.S. average, according to Business Travel News' 2008 Corporate Travel Index, and with high occupancy levels making coveted last-room availability rates even more pricey if not impossible to achieve, New York is digging in harder as a permanent headache for buyers. Still, a new influx of capacity could soon mean more options for buyers, if not better pricing. READ FULL ARTICLE Find this article in Google
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