The Jewish Voice: NYC Hotel Industry Yet to Reach Full-Scale Recovery After Devastating Pandemic
New York City’s hotel industry, devastated during the COVID-19 pandemic, is on its way to recovery, but not quite there yet.
New York Post: New York City’s hotel industry remains confusing with ‘misleading’ data
The health of the city’s hotel industry is a crazy-quilt pattern of mostly optimistic but confusing and conflicting cross-currents. Large new hotels continue to open even as famous old ones close for good. Occupancy’s way up over 2021 but still below pre-Covid times.
The New York Times: How Manhattan Hotels Became Refuges for Thousands of Migrants
Just steps from Times Square and surrounded by Broadway theaters, the Row NYC hotel advertises itself as “more New York than New York,” bringing together “urban grit with grandeur.”
Documented: Millions Spent on Hotels for Asylum Seekers in NYC, But Few Lasting Solutions
After escaping political persecution in Zulia, Venezuela, José Rivera arrived in a hotel-turned-shelter in Long Island City, Queens, last August. Once there, it took him three months to learn he and his family, as asylum seekers in NYC, were eligible for health insurance and another three months to file his asylum claim.
Idealista News: Remote work is costing Manhattan about 12,000 million euros a year
Three years after the pandemic, companies and administrations around the world continue to try to attract employees back to the offices and revive local economies. New job data analyzed by Bloomberg News shows that, in several US cities, Fridays at the office are dead. Mondays are a game of chance. And going back to pre-pandemic work hours seems like a lost cause.
New Day Post: Remote Work Costs NYC $12 Billion a Year By Killing Big Offices
New York City is bustling with office workers again, at least on Tuesdays, Wednesdays and Thursdays. It’s a different mood on Fridays and Mondays, when subway cars empty out, Sweetgreen salad lines thin and, come happy hour, there are plenty of seats at the bar. The in-person workweek has shrunk to three days.
The Real Deal: NYC’s most valuable building, and other nuggets from the tax roll
Buried in the bewildering data dump that is the city’s tentative property assessment are nuggets of interest to real estate.
City & State NY: Fifty Over Fifty
City & State NY: Fifty Over Fifty January 30, 2023 Vijay Dandapani President and CEO Hotel Association of New York City Vijay Dandapani, a high-profile spokesperson for the hospitality business at industry conferences and in the media, co-founded Apple Core Hotels in 1993, and owner-operator of boutique hotels in New York City. In […]
New York Business Journal: New York City tourism to return to near pre-pandemic levels this year
After plummeting in 2020, tourism is forecasted to return to near pre-pandemic levels this year.
New York Post: NYC’s workforce has shrunk by 300,000 since start of pandemic
The Big Apple added jobs at an agonizingly slow pace last month as it struggles to cope with a roughly 300,000-person drop in its workforce since the pandemic, troubling new data reveals