Red Carpet Hospitality Gala
On May 2nd, HANYC Foundation hosted its Annual Hospitality Gala, honoring Laura Fuentes and Lauren Reid Melanie Mcevoy, Nalini Saxena
Meetings Net: Hotel Tax-Rate Changes Likely Coming in Several Big Cities
Late April was a popular time for revisiting the hotel tax in several meetings-heavy cities.
Broadway.com: Broadway League Chair Lauren Reid Honored at Hotel Association of New York City Gala
New York City’s hotel industry celebrated a return to the spotlight on May 2 during the annual Red Carpet Hospitality Gala, hosted by the Hotel Association of New York City Foundation at the Mandarin Oriental in Manhattan. More than two years in the making, the event drew hundreds of attendees as the HANYC Foundation honored John Gore Organization President and Broadway League Chair Lauren Reid as well as Hilton Executive Vice President and Chief Human Resources Officer Laura Fuentes. Loews Hotels Chairman and CEO Jonathan M. Tisch introduced the honorees.
NY Consume: International tourists flock back to New York, with one big exception
After two years of sparse crowds in Times Square and other popular attractions, New York City is finally hoping for a robust rebound of visitors this year. But the city will still be missing a main driver of its prepandemic tourism boom: big spenders from China, whose government has yet to allow travel abroad.
USA News City: Met Gala rolls out the pink carpet for NYC’s financial restoration
“It is all a part of that bigger financial puzzle that town is placing collectively in its restoration from the pandemic,” Rigie added. “The Met Gala is a type of large occasions that influences that.”
American Kahani: Several South Asian Americans Among New York City and State ‘Power of Diversity: Asian 100’
New York City Health Commissioner Ashwin Vasan, NYC Chief Climate Officer Rohit T. Aggarwala, New York Taxi Workers Alliance Executive Director Bhairavi Desai, Deputy Mayor for Operations Meera Joshi, Director of New York City Mayor’s Office of Climate Resiliency Jainey Bavishi, New York State Sens. Jeremy Cooney and Kevin Thomas, and Assembly members Zohran Mamdani and Jenifer Rajkumar are among several South Asian Americans listed in City & State’s ‘Power of Diversity: Asian 100.’ The list identifies “New York’s Asian American leaders from a wide range of backgrounds who are gaining political power and standing up for their communities,” says the New York City-based political journalism organization.
Crain’s New York Business: Met Gala rolls out the red carpet for the city’s economic recovery
Fashion’s biggest night out drew some 600 celebrities, designers and creatives to the 2022 Met Gala Monday, in a star-studded evening that business leaders say sends the crucial message that the city is once again teaming with activity and economic opportunity.
Hotels Magazine: BRIEFS: NYC CITY COUNCIL CONSIDERS TAX CUT; CHOICE, CIRCUS CIRCUS AGREEMENT
NYC city council considers tax cut: The New York City Council is reportedly planning to dramatically cut the local hotel tax to encourage a faster recovery of the city’s US$100 billion tourism market.
BisNow: New York Could Slash Hotel Tax To Help Downtrodden Sector Recover
New York City lawmakers are considering slashing tax obligations for hotel owners as they struggle to regain their footing after the pandemic hammered the city’s tourism industry.
Politico: New York Playbook: New spending on street safety, homelessness By ERIN DURKIN, ANNA GRONEWOLD and DEANNA GARCIA April 25, 2022 7:37 AM “City Council eyes big tax cut to help hotels, tourism rebound from pandemic,” by New York Post’s Carl Campanile: “The New York City Council is so concerned about the sluggish recovery of the Big Apple’s $100 billion tourism market from COVID-19 that it’s considering dramatically slashing the local hotel tax to spur a faster rebound, The Post has learned. The Hotel Association of New York City is urging Mayor Eric Adams and the council to lower the occupancy tax rate on hotel room stays from 5.875% to 2.875%. The hotel occupancy tax is expected to generate $255 million in revenue for city officers for the fiscal year ending June 30, according to the mayor’s preliminary budget plan. But studies suggest the city’s tourism market won’t fully bounce back to 2019 pre-pandemic levels of business until 2026.”
By ERIN DURKIN, ANNA GRONEWOLD and DEANNA GARCIA