With just a few months until the 2014 Super Bowl to be played at MetLife Stadium in East Rutherford, N.J., just eight miles from Manhattan, New York City hotels are not happy with their occupancy levels, according to this article from NJ.com.
According to the initial report by the Wall Street Journal, only 27 percent of the cities 106,000 rooms are currently accounted for. While up from the traditional 13 percent typically occupied in late January and early February, hoteliers were hoping to see more action. Many had hoped that half of their rooms would be reserved by now.
The reasons for the low percentages may have to do with the sheer number of rooms available to Super Bowl attendees. The threat of freezing temperatures may also be deterring guests from booking, or fans may be waiting to see if their favorite team will make the final game before they pull the trigger and book.
Although some hotel rates were skyrocketing in New York and New Jersey in November, many hotels are now slashing those rates and also reducing the minimum stay required for bookings.
More over on NJ.com.