It’s a tough time to be a hotelier in Brooklyn, according to a Daily News article today. Nightly rates at the Sunset Park Days Inn are down from $199 last summer to $50 and rates at the Nu hotel have gone from as high as $647 to $167. At Hotel Le Bleu, the days of $429 rooms are long gone, and the $1,000 spa packages appear to be not far behind. We’re paying our bills — we’re not turning a profit or anything, said Todd Cahill, director of Le Bleu’s operations. This year is going to be very unstable. It’s going to be very challenging. Even the Downtown Marriott, prices are $60 lower than last year. “Brooklyn . . . is hurting pretty bad,” said hotel developer Sam Chang, who built and sold five Brooklyn hotels in recent years. “There are too many hotels.”
Plenty of Rooms – But No One’s Staying [NY Daily News]
Brooklyn Hotels Hurting [Curbed]