The Real Estate

New York Hotel Rates Rocketing Ever Higher

by Chris Shott  |  4:19 PM August 12, 2008
|  Tags:
New York Hotel Rates Rocketing Ever Higher
Anna Del Gaizo.

New data from the city's tourism agency, NYC & Company, indicates that nightly hotel rates shot up to $350 on average in May. That's an increase of $50 from the same time last year.

Suddenly, the current minimum $249 nightly rate at the dumpy Hotel Pennsylvania (pictured right) doesn't seem quite so steep.

Tonight, according to Expedia.com, you can also stay at the Paramount, Hilton, New Yorker and Roosevelt hotels for less than $300.

Book now!

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Comments
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September 30, 2008 12:54 PM
Anonymous (not verified) says:

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December 30, 2008 1:35 PM

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