View From New York

摘要

New York City The decline in travel has been particularly hard on luxury hotels. Despite this, several major cities have shown resilience during the downturn. Since New York is often seen as a bellwether, this article will identify key trends underway in this gateway city.rnBeing a financial capital, New York was struck hard by the upheaval in the financial markets. Corporate travel came to a grinding halt, and it wasn't until six months later that hoteliers were able to exploit leisure travel demand to help sop up the unexpected availability. The opening of numerous hotels during this period heightened the sense of panic.