NYC Hotel Boom Could Help Ease Room Shortage

In a city where even residents often pay more than half their salaries for a place to lay their heads, visitors in need of lodging have long faced a shortage of hotel rooms and rising prices. Now, with 8,500 hotel rooms under construction in the city -- a growth of more than 10 percent -- that crunch could ease ever so slightly in the coming months.
From: wcbstv.com