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Higher room rates lifted sales.
Travelers can expect higher room rates.
Should he charge higher room rates for threesomes or foursomes than he did for couples?
Travelers paying higher room rates are less likely to overlook a worn carpet or scratched credenza.
But for boutique hotels the figure was $216, perhaps as a result of higher room rates and lower corporate overhead.
Typically, extended-stay hotels trade the higher room rates they could charge at peak times for a steadier and higher occupancy rate.
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Given the economic climate, Mr. Harteveldt cautioned that hotels ought to focus on Internet access and other essential technologies that either help justify a higher room rate or attract more guests.
"One of the reasons why we are having a larger mix of luxury construction at airports than in the past is land cost, which tends to be quite expensive," said Bjorn Hanson, who heads the hospitality and leisure practice at PricewaterhouseCoopers. "And so a higher room rate type of development — with a $450 average rate as opposed to $129 — helps make the land lease more affordable".
Boutique hotels can also charge relatively high room rates, making them attractive to owners, Mr. Hanson said.
With such high room rates, the Aman will be on the radar only of the privileged few – but there are more affordable options offering remarkably similar charms.
In a city that still boasts one of the nation's highest room rates ($238 on average in Manhattan, according to Smith Travel, which tracks the industry), hotels aiming for the midrange are reaching new heights.
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