hrasianhospitality.com··1 min·For: Owner, GM, Ops
NEWH Awards $57,500 in Student Scholarships at BDNY
NEWH will distribute $57,500 across seven scholarships to hospitality design and management students during BDNY week in New York.
The Hospitality Newsletter
· 🇺🇸 North AmericaNYC Hospitality News
NYC hospitality news covering New York City hotels, Manhattan luxury properties, Brooklyn boutique stays, and tri-state area tourism.
27
Transactions we have recorded
2026
3,531
Rooms across deals with a stated count
17 of 27 disclose it
19
Distinct hotel brands involved
14
Openings and conversions
The data
Source: TSA ↗2,523,600▼ 4.1% vs prior week
average daily US air travellers (7-day) · 10/25/2026
US-wide screening volume — a demand proxy, not a local figure.
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New York City, NY — Market Analysis
46 storiesNew York City hotels maintain pricing power through rising ADR and flagships despite cross-border international tourism headwinds.
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Rate Performance ·PwC reports Manhattan RevPAR climbed 4.5% in H1 2026, driven by a 6.3% increase in average daily room rates.
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Flagship Openings ·IHG opened the renovated 685-room Crowne Plaza Manhattan Times Square as its Americas flagship under Highgate management.
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Tourism Deficits ·The Hotel Association of New York City reports Canadian visitation dropped 26%, reducing traveler spending by 28% amid tariff disputes.
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Supply Interruptions ·The Plaza Hotel will close for at least four years starting January 2027 to execute a comprehensive facade restoration.
◉Outlook
Fred Dixon assumes leadership of NYC Tourism + Conventions on December 1, targeting international market recovery.
New York City, NY Stories
46 stories
financeLodging Magazine··1 min·For: Owner, Investor, Revenue
Hilton to Move Stock Listing to Nasdaq in November
Hilton has announced plans to transfer its common stock listing from the New York Stock Exchange to Nasdaq, with trading set to begin under ticker HLT on November 5, 2026.
operationsHotel Dive··1 min·For: Owner, GM, Ops, Investor
NYC's Plaza Hotel to Close in 2027 for Four-Year Overhaul
New York City's historic Plaza Hotel will close for at least four years starting in January to execute an extensive facade restoration.
marketingSkift··1 min·For: Owner, GM, Marketing, Revenue
Airbnb Experiences Grows 6x by Targeting Local Residents
Airbnb has seen a sixfold surge in its experiences division after shifting strategy to target locals, starting with a successful pilot in Paris.
operationseHotelier··1 min·For: Owner, Investor, GM
Accor Signs Ink 48 in NYC as U.S. Flagship for MGallery
Accor has signed Manhattan's 222-room Ink 48 hotel to join the MGallery Collection as its U.S. flagship property. The Hell's Kitchen hotel will undergo an extensive renovation while…
operationsLodging Magazine··1 min·For: Owner, GM, Investor, Revenue
MGallery Signs Ink 48 as US Flagship Hotel in New York
Accor's MGallery Collection has signed Manhattan's 222-room Ink 48 to serve as its U.S. flagship property. The Hell's Kitchen hotel will undergo an extensive renovation while operating…
operationsLodging Magazine··1 min·For: Owner, GM, Ops, Marketing
Algonquin Hotel Completes Phased Renovation of Guestrooms
New York's historic Algonquin Hotel, Autograph Collection, has finished a multi-year phased renovation covering all guestrooms, elevators, and corridors while remaining fully operational.
financeHotel Business··1 min·For: Owner, Revenue, GM, Investor
US Hotel RevPAR Falls 6.2% as Labor Day Shifts
A holiday calendar shift broke a 21-week growth streak for U.S. hotels, with nationwide RevPAR dropping 6.2% despite strong gains in New York City.
financeLodging Magazine··1 min·For: Owner, GM, Revenue, Investor
U.S. Hotel RevPAR Drops 6.2% on Holiday Calendar Shift
A Labor Day calendar shift snapped a 21-week growth streak for U.S. hotels, driving weekly RevPAR down 6.2% despite strong gains in New York City.
marketingSkift··1 min·For: Owner, GM, Revenue, Marketing
Skift Confirms Live Tourism Summit Roster in New York
Top executives from Live Nation, the Las Vegas CVA, and Brand USA will convene on September 22 in New York to address how live events drive travel demand and destination revenue.
operationseHotelier··1 min·For: Owner, GM, Investor, Ops
IHG Opens Flagship Crowne Plaza in Times Square
IHG Hotels & Resorts has debuted the 685-room Crowne Plaza Manhattan Times Square as its new Americas flagship property.
operationsHotel Dive··1 min·For: Owner, GM, Investor, Ops
IHG Opens Renovated Flagship Crowne Plaza in Times Square
IHG Hotels & Resorts has officially reopened the 685-room Crowne Plaza Manhattan Times Square following an extensive renovation.
financeLodging Magazine··1 min·For: Owner, GM, Revenue, Investor
U.S. Hotels Mark 20 Consecutive Weeks of RevPAR Growth
The U.S. hotel industry recorded its 20th straight week of year-over-year growth through late August, with RevPAR up 1.7% to $100.69 despite a holiday-related slowdown.
operationsSkift··1 min·For: Owner, Investor, Revenue
Short-Term Rentals Pivot to Depopulating Markets
While major cities restrict short-term rentals due to housing shortages, regions facing population decline present an opposite dynamic where excess housing can benefit from tourist demand.
financeLodging Magazine··1 min·For: Owner, GM, Revenue, Investor
US Hotel RevPAR Climbs 4.4% in 19th Week of Growth
The U.S. hotel industry recorded its 19th consecutive week of year-over-year gains through August 22, driven by steady increases across occupancy, ADR, and RevPAR. San Francisco and St.
marketingSkift··1 min·For: Owner, GM, Marketing
Brand USA CEO Fred Dixon Returns to Lead NYC Tourism
Fred Dixon is stepping down as CEO of Brand USA to return to NYC Tourism + Conventions as president and CEO. Dixon's departure is effective November 13, and he officially takes the helm at…
financeHotel Dive··1 min·For: Owner, GM, Revenue, Investor
NYC Hotels Urge End to US-Canada Trade Dispute
The Hotel Association of New York City is calling on the federal government to resolve an escalating US-Canada tariff dispute that threatens international tourism.
financeHotel Business··1 min·For: Owner, GM, Revenue, Investor
US RevPAR Up 6.3% Driven by World Cup Surge in NYC
U.S. hotel performance posted positive year-over-year gains for the week ending July 25, led by strong RevPAR and ADR growth.
marketingSkift··1 min·For: Owner, GM, Marketing, Revenue, Investor
Julie Coker Named CEO of Visit California
Visit California has appointed Julie Coker, the current head of New York City Tourism + Conventions, as its new President and CEO effective October 1.
operationsLodging Magazine··1 min·For: Owner, GM, Marketing, Ops, Investor
The Chambers Hotel New York Reopens in Midtown
The Chambers Hotel has reopened its doors in Midtown Manhattan, offering 77 guestrooms and a significant collection of site-specific contemporary art.
financeHospitalityNet··1 min·For: Owner, GM, Revenue, Investor
US Hotel RevPAR Climbs 7% for Week Ending June 13
The U.S. hotel industry saw a 7% RevPAR increase year-over-year, driven significantly by major sporting events in key markets like New York City and Los Angeles.
marketingSkift··1 min·For: Owner, GM, Marketing, Investor
World Cup Host Cities Launch Global Welcome Campaigns
Host cities like New York, Boston, and Philadelphia are using the World Cup as a strategic platform to launch welcoming marketing campaigns aimed at revitalizing international inbound…
marketingSkift··1 min·For: Owner, GM, Marketing, Revenue, Investor
US Host Cities Launch World Cup Tourism Campaigns
US host cities are launching 'Welcome' themed marketing campaigns for the World Cup to counter recent declines in international tourism.
financeSkift··1 min·For: Owner, GM, Revenue, Investor, Ops
Highgate Takes Over Management of Lotte New York Palace
Lotte Hotels & Resorts has appointed Highgate to manage its $1.3 billion flagship Manhattan property, the Lotte New York Palace.
generaleHotelier··1 min·For: Owner, GM, Investor, Ops, Marketing
Ruby Hotels Expands to New York City with Second U.S. Deal
IHG Hotels & Resorts has signed Ruby New York City, a 187-room conversion project in Manhattan marking the brand's second U.S. location.
operationseHotelier··1 min·For: Owner, GM, Marketing, Investor
The Luxury Collection Debuts The London in New York City
The Luxury Collection has officially opened The London in Midtown Manhattan, featuring 562 residential-style suites and marking the brand's return to the New York City market.
operationsHotels Magazine··1 min·For: Owner, GM, Revenue, Marketing, Investor
Highgate Takes Over Management of Lotte New York Palace
Highgate has entered a strategic partnership with Lotte Hotels & Resorts to manage the iconic Lotte New York Palace and pursue global growth through shared technology and talent exchange.
generalHospitalityNet··1 min·For: Owner, GM, Investor, Revenue, Marketing
Ruby Hotels Announces Second US Location in New York City
Ruby Hotels is expanding its U.S. presence with a new 187-room flagship hotel in Midtown Manhattan, transforming a historic 1930s building through a partnership with AC Developers and…
generalHotels Magazine··1 min·For: Owner, GM, Investor, Revenue, Ops
Ruby Hotels to Open Second U.S. Property in New York City
IHG Hotels & Resorts has announced the signing of Ruby New York City, a 187-room hotel on Avenue of the Americas slated for a 2027 opening. This marks the brand's second U.S.
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.
Frequently asked
+When is the Plaza Hotel closing for renovation, and how long will it take?
The Plaza Hotel will close in January 2027 for an overhaul lasting at least four years. The project focuses on an extensive facade restoration. The operational shutdown includes the entire property, encompassing its guest accommodations, event spaces, and the Palm Court restaurant.
+Which property will serve as the U.S. flagship for Accor's MGallery Collection?
Ink 48 in Manhattan's Hell's Kitchen will serve as the U.S. flagship for the MGallery Collection. The 222-room hotel operates independently under Rebel Hotel Company management while undergoing an extensive renovation. It will officially debut under the MGallery brand in 2028.
+What drove Manhattan hotel RevPAR performance in the first half of 2026?
Manhattan hotel RevPAR climbed 4.5% in the first half of 2026 due to a 6.3% increase in average daily rate (ADR). This rate growth offset a minor dip in occupancy, with midweek corporate demand sustained by strong office leasing activity and steady transaction volume.
+What are the redevelopment plans for Brooklyn's historic Hotel Bossert?
Marriott plans to convert the historic Hotel Bossert in Brooklyn into Ritz-Carlton Residences. The conversion forms part of the brand's broader luxury residential and hospitality expansion across the United States.