Thursday, 5 January 2012

The Sky's the Limit for Maximizing Hotel Revenue in Manhattan

Jones Lang LaSalle Hotels released its research study Manhattan Hotel Rooftop Bars and Penthouses which reveals fascinating insights into the impact rooftop bars can have on hotels in the Big Apple. The report is based on a series of interviews with dominant players in the field and firm data, and details the operational upside that rooftop bars and penthouses can provide hotel owners. The bar climbs higher Thirty-five hotels totaling 9,600 rooms in New York City feature a rooftop bar, representing 12 percent of New York City’s total hotel room supply. Lifestyle boutique hotels are still the most prevalent properties offering rooftop bars; however, international hotel chains have entered the rooftop bar arena, representing nearly a third of the total number of rooms.


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