" There are positive signs on the horizon for the New York City hospitality market according to Steve what is Smith travel -- or fifteen at the top 25 markets registered positive occupancy of and the positive group occupancy increased by 27 point 4% the New York City average room rate. 253. Dollars and 61 cents. Even though the city registered to decline the average room rate is up by 27%. From early this. When the average room rate for the month of January was only a 199 dollars this it is now have the opportunity to spend an evening and a number of newly completed hotels in the Chelsea neighborhood is in new hotel indigo. The 122 room hotel a more storied history between sixth and seventh avenue Hampton hotels. -- 48 is now open in hell's kitchen. Eleventh avenue and 48 street. This is -- so for the Michael solar real estate report."