financeHospitalityNet··1 min·For: Owner, GM, Revenue, Investor, Ops
The Continued Recovery of the Manhattan Hotel Market
The Manhattan hotel market continues its upward trajectory with RevPAR significantly exceeding pre-pandemic levels, though full metric recovery is forecasted for 2027/28.
Key Takeaways
- 1Leverage surging ADR which reached 34% above 2019 levels in 2025 despite occupancy still lagging historical peaks.
- 2Prepare for the 2026 FIFA World Cup which is projected to drive New York City visitation to 66.3 million travelers.
- 3Monitor impacts of Local Law 18 and high construction costs which are severely limiting new hotel supply and supporting existing asset value.
Source: HospitalityNet
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