Midtown Manhattan skyline New York City has seen an abundance of new supply in the hotel sector. (Photo: W45lin)

IRVINE, CA—Own a hotel property in the nation’s top destination for tourism? Now might be a good time to sell, says Ten-X in its latest Quarterly Hotel Monitor report. Although New York City isn’t the top “sell” market for lodging properties, like its neighbors in Ten-X’s top five it’s seeing declining fundamentals in the sector, in most instances aggravated by an influx of new supply.