Tag: New York
HotStats: Urban and Full-Service Hotels Hit Hard in March
LONDON — In March, U.S. hotel gross operating profit per available room (GOPPAR) was down 110.6 percent year-over-year (YOY) to -$12.71. The triple-digit drop...
U.S. Hotels Report Profit Growth in January Amid Coronavirus Concerns
LONDON — U.S. hotels eked out a 0.6 percent year-over-year (YOY) increase in GOPPAR in January, but as the full scope of the coronavirus...
Six U.S. Markets With the Most Hotel Rooms Under Construction
According to STR data, the U.S. hotel construction pipeline totaled 1,615 projects and 208,807 rooms at the end of January—6.8 percent more than the...
Tarrytown House Estate Unveils $15M Redesign
Tarrytown, N.Y. - Tarrytown House Estate – a historic 214 room resort-style hotel, destination restaurant, special event venue, and conference center has announced an...
Aman and OKO Group Announce a $750M Construction Loan for Aman New York
New York - Aman and OKO Group announce a $750M construction loan from Cain International to finance the development of Aman New York, which...