Last year, 36 hotels opened in New York, boosting the city's hotel inventory by 6,000 guest rooms. And the pipeline for Big Apple properties remains strong for the next three years: Looking ahead, NYC & Company -- the convention and visitors bureau -- expects the city to add 5,100 additional rooms in the five boroughs by 2013, for a total of 91,000 citywide.
There's more good news for New York's hospitality industry. Even with the addition of these new rooms, demand for hotel room nights has remained strong. The occupancy rate through October 2010 in Manhattan was 84.7 percent, compared with the national average of 59.2 percent, according to the bureau.
"There is obviously a long-term confidence in New York City and a strong demand from leisure and business visitors alike," George Fertitta, CEO of NYC & Company, said last month.
Among properties that debuted in 2010 were the 184-room Andaz Fifth Avenue, with 6,500 square feet of meeting space; the 217-room W New York–Downtown Hotel & Residences, with four meeting rooms; the 607-room InterContinental New York Times Square, with 10 meeting rooms; and the 293-room Eventi, a Kimpton Hotel, with 20,500 square feet of meeting space.
New luxury properties include the 391-room Trump SoHo New York, with 12,000 square feet of event space, and the 214-room Setai Fifth Avenue, managed by Capella Hotels, with three meeting rooms.
Properties to come this year range from the 399-room DoubleTree Hotel New York City–Financial District, with two meeting rooms, to two new-build Hyatt hotels -- a 175-room property in Greenwich Village and the 116-room Hyatt 48Lex.