“Hudson Yards has become the cultural center of Manhattan’s New West Side,” the $25 billion urban complex’s website notes − though it seems that depends on what one defines as New York culture.
The new complex “is the largest real estate development” in the city since Rockefeller Center was built in the 1930s, according to the New York Transit Museum. It includes everything from condos to clothing stores to restaurants, as well as eye-catching installations, including a large spiral staircase dubbed the “Vessel,” which includes 154 interconnecting flights of stairs.
Marriott International will present the company’s three-year growth plan, which includes opening more than 1,700 hotels around the world, at its meeting with institutional investors and security analysts at the New York Marriott Marquis.
Marriott will outline its plan to add between 275,000 and 295,000 rooms by 2021, supported by the strength of its record 478,000-room pipeline, including roughly 214,000 rooms already under construction. Marriott will disclose that its new room openings during this period could contribute $400 million in fee revenue in 2021 and $700 million annually when stabilized. The company’s three-year growth plan assumes, but does not forecast, comparable hotel revenue per available room (RevPAR) growth of 1 and 3 percent, compounded annually.
U.S. airlines are realigning their schedules in order to minimize the impact of flying without their Boeing 737 MAX aircraft.
“Our operators are accustomed to making frequent, large changes within our schedule and designed customized technology to assist with routing modifications,” Southwest spokeswoman Brandy King wrote in an email Monday. “We are working diligently to re-accommodate customers while navigating the reduced fleet availability and are experiencing an average of 150 cancellations a day as a result of the grounded aircraft.”
Southwest has 34 MAX aircraft in its fleet.
French business leaders are calling for urgent action following Saturday’s violent Yellow Vest protests, with the country’s critical tourism sector sounding the alarm as the spring travel season starts.
Trails of smoke, smashed storefronts and ransacked shops are not the vision tourists expect on the Champs-Élysées, known as one of the world’s most beautiful avenues. But following a particularly destructive protest on Saturday in the French capital that occured during the Yellow Vest’s “Act 18”, businesses are concerned that violence will deter customers.