New York City Hotel Rates Soar to Record Heights as Holiday Travel Nears

By The New York Times | Nov 24, 2024 at 03:02 AM EST

New York City hotels reached record-high rates in September, with an average of $417 per night. Travelers are shocked by the prices, leading some to seek alternatives like staying in New Jersey or postponing trips. Despite the high costs, tourism is rebounding post-pandemic.

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