Not sure what this is all about, but I'm going to find out.
$H
Discussion
It's probably because the hotels in New York are not getting the free money anymore
I've a hard time believing one city, albeit a very big one, would have this kind of impact. With that said, I'm not certain of anything. I'll try to read/listen to the conference call this weekend.
Just checked the rates for different Hyatts in NYC one regular Wednesday in April. Rates are crazy!