New data from the city’s tourism agency, NYC & Company, indicates that nightly hotel rates shot up to $350 on average in May. That’s an increase of $50 from the same time last year.
Suddenly, the current minimum $249 nightly rate at the dumpy Hotel Pennsylvania (pictured right) doesn’t seem quite so steep.
Tonight, according to Expedia.com, you can also stay at the Paramount, Hilton, New Yorker and Roosevelt hotels for less than $300.
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