Articles tagged “hotel pipeline”

Hotels

Tourism Is Up: So Why Is New York City's Hotel Room Revenue Slumping?

With so many hotel rooms in the pipeline, a turnaround of slower revenue-per-room growth in New York City is not expected until after 2020. It's a classic supply-and-demand problem, making it a delicate balance to get pricing power back in a city where tourism remains hot.
Hotels

Nobu Now Sees Lodging as Its 'Speedboat'

With 18 hotels signed, opened, or under construction, Nobu Hotels is growing its hotel portfolio rapidly. But the chain is focused only on major global markets.