from Business Insider ...
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from Business Insider ...
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What's amazing is that as Wall St. is slowing down, hotels are growing like crazy. This would assume that more travelers/business people are visiting NYC, so bars & clubs (and the girls that work in them) must be doing well, right? Whatever happens to the saying "as goes Wall St., there goes the rest of the country"? I realize the economics are complex, but it's frustrating when trying to interpret this information. I wonder how this will translate to bars and clubs in the metro area in general.
Funny how fickle some of these projections are -- you feel it in some areas, but not in others. It would be great if we could somehow interpret these trends to plan our tours for 2014: ummm, stay away from Miami, DC, Philly & NJ; hit San Jose, LV, & Houston, etc...





^^^ I'm told that much of the NYC hotel / real estate upswing is actually due to 'buy citizenship' foreign investors ... mostly from China. As you point out, an additional 100 Chinese multi-millionaires may not have a huge impact in Manhattan VIP rooms.
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