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New York beyond Manhattan is becoming a reality in hotel industry

Excerpt from Travel Weekly

Jun 25, 2012 12:11 pm

Skift Take

Artisanal Brooklyn’s now a destination in itself, so that’s an obvious one to tap for hospitality industry. Then Long Island City in Queen, a stop or two into Manhattan, makes an easy hop for tourists.

— Rafat Ali

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The Changing Business of Extended-Stay Hotels

While Brooklyn and Queens account for just a quarter of the city’s hotel inventory and about 13% of its 87,000 rooms, almost half the hotels in the city’s development pipeline are in the two outer boroughs…much of the demand stems from leisure travelers looking for lodging within a subway stop or two from Manhattan at about half the price.

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