Crain’s New York Business: California private equity firm buys LaGuardia Airport Marriott
A California-based private equity firm has purchased the LaGuardia Airport Marriott for between $100 million and $200 million, the firm said on Friday.
The Wall Street Journal: Cuomo Proposes Airbnb Collect Sales Tax on New York Stays
People booking vacation rentals in New York on sites like Airbnb Inc. could soon start paying sales taxes that home-sharing companies would collect under a proposal included in Gov. Andrew Cuomo’s $193 billion budget.
New York Post: One-third of NYC hotel rooms have been wiped out by COVID-19 pandemic
The COVID-19 pandemic has been hell on New York’s tourism-heavy hotel industry.
New York Post: Homeless Lucerne Hotel residents to host NYC mayoral candidate forum
Residents of one of the most controversial converted hotel shelters on Manhattan’s Upper West Side are organizing a forum to quiz the city’s leading mayoral candidates over the vexing homelessness crisis next week.
Travel Pulse: COVID-19 Crushing NYC Hotel Industry
New York City has always been resilient and has always bounced back from adversity, but the COVID-19 pandemic has been a particularly nasty opponent.
mNY: NYC hotels ask mayor to stall interest payment on real estate tax debt
New York City hoteliers are calling on Mayor Bill de Blasio to give them a hand and suspend all interest payments on real estate tax debt until the pandemic comes to an end and tourists once again flock to the five boroughs.
WABC 7 NY: NYC’s hotel industry continues to plummet, asks city for help
Hotels, like so many in the hospitality industry, are suffering amid the pandemic and now hotel owners are asking for help.
CBS 2 NY: Struggling Hotel Industry Asks Mayor Bill De Blasio For Financial Help After Being Hit Hard By Pandemic
New York City’s struggling hotel industry has issued a plea for help. Owners are asking Mayor Bill de Blasio for a financial lifeline to save thousands of jobs.