NEW YORK CITY-Starwood Hotels and Resorts has plans to openseven new hotels in New York in 2010, bringing the total number ofhotels it operates in New York to 18. These seven hotels will add1,712 new rooms in the city, which is a fourth of the total supplyfor this year.
The total investment in these properties is $780 million.Starwood will be opening an Aloft hotel in Harlem in August, whichwill be Harlem's first hotel in 40 years. For the fullstory, go to Wall Street Journal.
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