CUNY TV's The Stoler Report
CUNY TV's The Stoler Report
CUNY TV
Outlook on the Hospitality Industry for 2022
26 minutes Posted Dec 29, 2021 at 4:56 pm.
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Developers, owners, bankers - very cautious when considering new hotel construction in New York City, describing the price of land, availability of supplies and hard-to-come-by labor. Guests discuss the popularity of limited service hotels versus conventional establishments. Financing is hard to get as the banks' hotel portfolios are still under stress.