Hard Times for Brooklyn Hotels
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…
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]
“There was a glut of hotels even before the economy turned sour.”
Not true. See “Hotel Development Fact Sheet” here: http://nycgo.com/?event=view.researchanalytics&id=78830
“Over the past two years, hotel occupancies have reached virtual capacity,
averaging 86.5% in 2007 and 85.6% in 2006. Effective demand, as measured by room nights, has risen each
year since 2001. Expected to reach almost 24 million room nights sold in 2008, a nearly 3% increase over the
2007 achievement (22.9 million)”
Although it would seem so, NYC and Brooklyn in particular are underserved in terms of hotels compared with most large U.S. cities. The hotels are suffering now, like businesses everywhere, due to the crappy economy.
BRG, the client pays for the room. Or so I read some place.
as to saminthehood why someone would stay at Brooklyn hotel-
check the holiday inn express…on the same weekday in april – 2 of the expresses in manhattan had no availability and the others were (at minimum prices) $64 per night more.
So price would be 1 factor. Also – some business travelers maybe doing business in downtown Brooklyn neighborhoods.
And after a tourist has been to NYC a few times may get tired of visiting same tourist traps/haunts of midtown and may want to explore a little deeper beyond the superficial.
Hotel rates are like airline ticket prices. Wide range of prices depending on when booked, day of week for resv, time of year. Prices can change all the time.
As far as Holiday Inn Express – they were both showing $126-$184 for a saturday in May and 1 was showing $179-$250 for weekday in April whereas Union st showed the $126-$184 range.
why any tourist or business traveler would want to stay in brooklyn is beyond me. Love it here, but hell i hate my commute every day…
Finally a girl can work and not have her profits eatin’ into!
The real question is – if the “hip” Le Blue is going for $160 a night – what is a room at the Holiday Inn Express(s) in Gowanus – (1 on Union & 1 on Butler) going for?
Regardless of the intensity of one’s relationship, who wants to ‘drop the kids off at the pool’ with someone watching???
you are ‘just dating’ someone and sharing a hotel room? and you use ‘lady’ in your moniker?