By the numbers: Hotel overload?

From the January issue: Hotels have been sprouting up in New York City like bamboo in recent years and, despite the softening overall market, that trend is showing no signs of slowing down. There are more hotel rooms slated to come online in 2018 than any year since at least 2000. And developers have already delivered a massive 26,193 rooms in the city since 2013. All of this comes as challenges from Airbnb, which has ushered […]

Source: Real Estate

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