NYC tourism rebound reflected in Ritz Carlton debut

Marriott International will cast its vote of confidence in the return of New York City tourism with the Manhattan debut of its 106th Ritz Carlton hotel next week. The city’s occupancy rate of 83% is third-best in the US, and Marriott CEO Tony Capuano voiced the hope that it could reach 85% of the record set in 2019 before year’s end.