Ideally located on Fifth Avenue and 55th Street in Midtown Manhattan,
The Peninsula New York is in the heart of the city’s most prestigious shopping, entertainment and cultural district. Recently announced by Forbes Travel Guide, The Peninsula Hotels is the only hotel brand to achieve the highest possible Five-Star status across all ten of its properties. The Peninsula Hotels is a Member of GlobalHotelNetwork.com.
New York, New York
This week's GHN Market Report features New York City's hospitality industry. GHN Author notes, "In 2018, New York City hotels achieved an average occupancy of 87.3 percent and an ADR of $262.10, resulting in a RevPAR of $228.71. This represented a 0.8 percent increase in occupancy, a 2.7 percent increase in ADR, and a 3.5 percent increase in RevPAR." MORE