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 Hotel Market Databook for New York Market Released
by Hotel-Online and BuildCentral


Features detailed profiles of 159 hotels in development and 445 existing hotels


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Chicago (May 2, 2012) – Hotel-Online and BuildCentral, Inc., a leading hospitality research firm, today are pleased to announce the release of the Hotel Market Databook for New York. Available through http://hotels.buildcentral.com, the Databook is a sales, competitive and market analysis tool providing detailed information on hotels in development as well as property, management and ownership data of existing hotels. The New York edition follows the successful launch of the Chicago and Los Angeles editions in April.
 
The Databook is used by vendors and service providers to identify sales opportunities, by hotel professionals to keep track of current and future competition and by financial professionals to analyze markets.  “Of all the tools I use, I find Hotel Market Data [to be] the most accurate and up to date information in the marketplace,” said Linda Cox, sales director at Unifocus. “I love it.” 
 
Each hotel, currently operating or in development, is presented in-depth in the Databook, a process that included thousands of interviews with decision-makers to ensure accuracy and provide exclusive insight. Highlights of New York’s Databook include:
  • Profiles of 159 hotels in various stages of development with project information, schedule, and key project contacts (Owner/Developer, A/E Professional, Contractor)
  • Profiles of 445 operating hotels in 13 submarkets
  • Market share analysis, including franchise and property management
  • Market activity reports, including reflaggings, openings, and closings.
The 159 hotels in development are particularly noteworthy when compared to other major metropolitan markets such as Los Angeles and Chicago:
 
Supply and Projected Addition of Rooms (hotels)
  Current Supply 2012 2013 2014 Planning
New York 92,939 (445) 2,174 (20) 7,406 (36) NA (12) NA (91)
Los Angeles 87,107 (641) 622 (4) 899 (4) 1,207 (7) NA (36)
Chicago 97,877 (533) 261 (3) 2,508 10) 131 (2) NA (52)

The Databook is available in PDF format and comes with online access to stay on top of the latest changes and developments. To download a free sample or learn more, visit http://hotels.buildcentral.com
 
For information on the Hotel Market Databook, visit http://hotels.buildcentral.com or call 866-316-5300

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Contact:

Jon Kane
BuildCentral, Inc.
http://hotels.buildcentral.com
jkane@buildcentral.com
Direct 312-223-8599
or toll free 866-316-5300


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Also See:
Hotel-Online and BuildCentral Announce Availability of the Hotel Market Databook for Chicago and Los Angeles; Features detailed profiles of more than 1100 operating hotels and 110 hotels in development / April 2012


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