According to industry forecasters, in 2009 U.S. hotels are expected to fill the smallest percentage of rooms since 1988, the year they started tracking this data.  The projected average occupancy rate is 58.3%.  (Source: USA Today)

The Chelsea is apparently no exception.  It’s been awful quite around here and we have heard from a staff member that occupancy rates have recently sunk below 30%.  We don’t know for certain, but this seems close to the occupancy rates experienced during the months following 9/11.  It makes you wonder then, with such a drop in tourists, why are they still continuing to try to evict permanent residents.  Just last week another round of three day notices were delivered. 

Stanley was able to partially remedy the situation by renting to more permanent tenants during the months immediately following 9/11, but don’t expect the new management to go that route.  They would apparently rather take a loss than to see any more bohemians running around here.    

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6 responses to “Hotel Occupancy Rates Lower Than a Snake’s Belly”

  1. What Goes Around Avatar
    What Goes Around

    I think the low occupancy has as much to do with dissatisfaction over the Bards’ removal as Management as it does with the ailing economy. Probably moreso.
    It took a terrorist attack to sink Hotel occupancy to this low in the past, and though the new regime does seem like an attack on our freedom, the truth is that people are not going to stay someplace they don’t recognize, amid strangers. Would you pay $200 bucks to see the Rolling Stones if you knew that Don Henley would be singing lead vocal? Probably not, and for those who cherish the Hotel’s history I can promise you they feel the same way about the Bard Family.

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  2.  Avatar
    Anonymous

    Told you so Marlene

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  3. Don't DUI Avatar
    Don’t DUI

    David Elder
    Inside the Lame:
    He Came From L.A.
    He Moved To The Chelsea
    He Had No Experience
    Yet He Still Said ‘Screw it’
    But The Poor House Was Calling (loudly)
    In The Court of Law Where Piri Sued
    Where Greedy Lawyers Cheat
    (sung to the tune of whichever wind is prevailing)

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  4. Miss H Avatar
    Miss H

    Gee, it’s too bad they don’t have people runnignthe place who know how to keep it going in good times and bad, and make it legendary at the same time. People like, um the Bards. Bring Back the Bards before the place is destroyed. Believe me David Elder and Marlene Krauss, you don’t want this to be a case study at Harvard Business School on how not to run a hotel, with your names priminent in the course reading.

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  5. Slither Avatar
    Slither

    Sssssssssssssss…..
    Could be a snake but also the sound of the air leaking out of Marlene’s little vendetta

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  6. Pindrop Avatar
    Pindrop

    The halls ARE mighty quiet lately. More quiet than usual. Marlene isn’t going to like it when she reads this Andrew!!! I predict the Wicked Witch of the West Side will have you and David Elder clutching each other for comfort before long.

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