Since this item posted Stayful, a site that brought Priceline strategies to boutique hotels, has joined the many sites that have fallen (details here). A shame. It was a neat idea.
No joke. The year is young, but so far 2014 New York hotel prices are trending lower than industry observers expected.
“Hotels in New York are not experiencing as high levels of occupancy as last year, at least from what we’re hearing anecdotally,” says Cheryl Rosner, co-founder and CEO of Stayful, a bidding website specializing in boutique hotel deals. “We were forecasting higher rates, but we’re not seeing them.” Read more