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Market Analysis |
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- Statistics for the New York City area
are based on a total of 73,333 rooms.
- The Marriott Marquis New
York and Sheraton New York Hotel & Towers are categorized as
Upper Upscale hotels. The Upper Upscale category
accounts for 5.32% of the housing market.
- The Manhattan at Times Square
is
categorized as Upscale hotel. The Upscale category
accounts for 6.03% of the housing market.
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4 years prior |
3 years prior |
2 years prior |
1 year prior |
Current Year |
| |
Occ. |
ADR |
Occ. |
ADR |
Occ. |
ADR |
Occ. |
ADR |
Occ. |
ADR |
|
January |
68.2% |
$177 |
71.7% |
$194 |
74.3% |
$211 |
74.8% |
$239 |
75.9% |
$262.33 |
| February |
73.9% |
$185 |
80.7% |
$200 |
76.6% |
$219 |
77.9% |
$243 |
80.8% |
$264.50 |
|
March |
83.3% |
$194 |
87.6% |
$211 |
84.4% |
$232 |
85.4% |
$265 |
86.2% |
$287.85 |
| April |
85.0% |
$197 |
87.4% |
$226 |
88.1% |
$251 |
88.4% |
$285 |
87.0% |
$306.18 |
|
May |
86.5% |
$213 |
89.7% |
$238 |
88.2% |
$264 |
89.0% |
$300.18 |
|
|
| June |
87.1% |
$208 |
90.6% |
$241 |
88.9% |
$266 |
89.9% |
$305.61 |
|
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|
July |
83.4% |
$185 |
87.2% |
$210 |
86.7% |
$225 |
88.0% |
$255.40 |
|
|
| August |
79.8% |
$182 |
85.3% |
$206 |
87.2% |
$227 |
90.9% |
$261.58 |
|
|
|
September |
87.4% |
$223 |
89.4% |
$279 |
88.2% |
$307 |
87.5% |
$340.33 |
|
|
| October |
88.9% |
$239 |
88.5% |
$280 |
89.5% |
$317 |
91.6% |
$366.16 |
|
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|
November |
86.8% |
$245 |
88.9% |
$297 |
89.6% |
$336 |
89.1% |
$378.02 |
|
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| December |
85.1% |
$266 |
84.7% |
$307 |
85.4% |
$339 |
85.1% |
$378.74 |
|
|
|
Year-End Average |
83.0% |
$210 |
86.1% |
$243 |
85.6% |
$270 |
86.5% |
$304.52 |
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- ADR has risen
consistently for the last three years. In December of 1 year
prior ADR was up over 2 years prior by $39.74.
- Occupancy has stayed
relatively even, fluctuating within 1% over three years.
1 year prior was up over 2 years prior by .9%.
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