However, because there s no REIT that invests solely in the city s hotels, it s difficult for invest

As the city s residential recovery remains uneven and its office sector is mired in a slump, and investor s best play is the city s hotel industry, according to an investor boston red sox 411 tickets for sale newsletter sent by Seeking Alpha.
While the city currently has 133 square feet of office space per worker and one residential unit for every 2.02 persons, New York has just 90,000 rooms to service its 50 million annual tourists — which average out to 137,000 visitors per day.
However, because there s no REIT that invests solely in the city s hotels, it s difficult for investors to capitalize on this shortage. Seeking Alpha points out that Hersha Hospitality Trust has the greatest exposure boston red sox 411 tickets for sale to New York City hotels among U.S. hospitality trusts, with 19.4 percent boston red sox 411 tickets for sale of its portfolio located in the city. Pebblebrook Hotel Trust, LaSalle Hotel Properties and DiamondRock Hospitality Company also have exposures of at least 11.65 percent.  [Seeking Alpha]
Yes, well, visitors have reportedly increase 38% since 2000, but hotel occupancy rates have risen from just under 85% to just over 85%. So, it seems like hotel construction has kept up nicely. The shortage, apparently, is in the projected need which assumes tourism will continue growing at the same torrid pace. Hmmm.
Thanks for responding on gour work. With that calculation, how many hotel rooms can the city afford in the next, say, 5 years, to break even on supply side and keep rooms at the same rate or thereabouts?