Pandemic puts NYC hotels on the brink

It does appear that several big hotels in the NYC have announced that they are closing for good, and some experts say that more closures are in the near future.

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In the last two weeks, the 478-room Hilton Times Square and two Courtyard by Marriott hotels in Manhattan said they would not reopen, joining several others that had already closed for good, including the 399-room Omni Berkshire Place in midtown.  
PHOTO: BLOOMBERG

By Patrick McGeehan

Many of New York City’s biggest hotels closed their doors in March when the coronavirus wiped out tourism and business travel. The shutdowns were supposed to be temporary, but six months later, with no potential influx of visitors in sight, a wave of permanent closures has begun.

Sinking under the weight of overdue mortgage payments and property taxes, some hotels have already shut down for good, and many others are struggling to survive.

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Some hotels, including the Westin in Times Square, remain closed. About 25,000 hotel workers remain out of work.
Some hotels, including the Westin in Times Square, remain closed. About 25,000 hotel workers remain out of work.Credit…Chang W. Lee/The New York Times

“We love our jobs,” said Cristina Marino, who, along with her husband, worked at the Hyatt Centric Hotel in Manhattan until it shut down in March and they were laid off.
“We love our jobs,” said Cristina Marino, who, along with her husband, worked at the Hyatt Centric Hotel in Manhattan until it shut down in March and they were laid off.Credit…Chang W. Lee/The New York Times

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