The Global Enterprise News in Korea: [Exclusive Foreign Affairs] Marriott axes more than 800 workers at Times Square hotel
Marriott plans to permanently lay off more than 800 workers at its Times Square hotel as the coronavirus crisis keeps New York City’s hospitality industry in a chokehold.
New York Post: Marriott axes more than 800 workers at Times Square hotel
Marriott plans to permanently lay off more than 800 workers at its Times Square hotel as the coronavirus crisis keeps New York City’s hospitality industry in a chokehold.
Crain’s New York Business: Developer Chang sells Midtown hotel project for $31.5M
Prolific hotel developer Sam Chang has parted ways with another one of his projects amid the city’s most challenging hotel market in recent history.
Bloomberg: NYC Hotel Bust Means Even $1,000 Rooms Aren’t Profitable
At Manhattan’s hotels, there are few signs of the festive fervor that the holiday season typically brings.
Kane Kessler Town Hall presentation
Dear Member, On Monday, December 7th, Kane Kessler conducted
Report on NYC Hotel Industry in the Wake of COVID-19
Dear Member, You may recall that in September,
Center Square New York: Hotel Association of New York City says members seeing occupancy rates in single digits, some on verge of closure
With mandated closures continuing to impact New York City’s hospitality sector, the combination of single-digit occupancy levels and mortgage issues have led some to close and have others nearing the precipice.
AP News: Tourists few, NY gift shops struggle but don’t lose (heart)
In souvenir shops from Times Square to the World Trade Center, shelves full of T-shirts and trinkets still (heart) New York. But the proprietors wonder when their customers will, again.