New York City's hotel industry experiencing growth surge

10/10/2012 | New York Times (tiered subscription model), The

New York’s hotel sector is seeing significant growth, with 4,404 new rooms added to the existing supply in 2011 for a 5.9% increase -– the highest pace on record, according to industry statistics. Supply is expected to grow by 3.5% this year and 4.1% in 2013.

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New York Times (tiered subscription model), The

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