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In New York, luxury RevPAR growth accelerates while non-luxury RevPAR growth slows

Luxury performance is picking up steam in the New York market
The NoMad Ritz-Carlton and other luxury hotels are enjoying the benefits of the market for New York's high-end hospitality. (Andria Cheng/CoStar)
The NoMad Ritz-Carlton and other luxury hotels are enjoying the benefits of the market for New York's high-end hospitality. (Andria Cheng/CoStar)
CoStar Analytics
June 27, 2025 | 7:03 P.M.

Despite short-term economic headwinds and uncertainty, the New York hospitality market continues its hot streak, led predominantly by luxury hotels.

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