NYC’s Hotel Industry Braces for Post-Pandemic Recovery

**New York City’s hotel industry is bracing for a post-pandemic recovery, with a number of new hotels set to open in the coming months.**

**The city’s hotel occupancy rate has been slowly recovering since the pandemic began, and is now at about 60%.** That’s still well below the pre-pandemic level of 80%, but it’s a significant improvement from the depths of the pandemic, when occupancy rates were in the single digits.

**A number of factors are contributing to the recovery of the hotel industry in New York City.** The city’s tourism industry is starting to rebound, with more people traveling to the city for business and leisure. The city is also hosting a number of major events in the coming months, including the US Open tennis tournament and the New York Film Festival. These events are expected to bring in a large number of visitors and help to boost hotel occupancy rates.

**In addition to the recovery of the tourism industry, a number of new hotels are set to open in New York City in the coming months.** These new hotels will add to the city’s already large inventory of hotel rooms and provide visitors with more options to choose from.

**One of the most anticipated new hotels to open in New York City is the Moinian Group’s new luxury hotel at Hudson Yards.** The hotel, which is set to open in the fall of 2023, will have 350 rooms and suites, as well as a spa, fitness center, and rooftop pool. The hotel is expected to be a major destination for both business and leisure travelers.

**Another highly anticipated new hotel to open in New York City is the Six Senses New York.** The hotel, which is set to open in the fall of 2024, will be located in the historic Beekman Tower building in Midtown Manhattan. The hotel will have 110 rooms and suites, as well as a spa, fitness center, and rooftop pool. The hotel is expected to be a popular destination for both business and leisure travelers.

**The recovery of the hotel industry in New York City is a positive sign for the city’s economy.** The hotel industry is a major employer in the city, and its recovery will help to create jobs and boost the city’s tax base. The recovery of the hotel industry is also a sign of the city’s resilience and its ability to rebound from adversity..

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