Why N.Y.C. Hotel Rooms Are So Expensive Right Now

Why N.Y.C. Hotel Rooms Are So Expensive Right Now

The New York Times - Travel:

The average hotel room rate in the city is $301 a night, a record. A major reason: One of every five hotels is now a shelter, contributing to a shortage of tourist lodging.

This post first appeared in The New York Times - Travel. Read the original article.