At the end of 2019, New York City ended the year with 703 hotels operating in the city and 138,000 available rooms. A year earlier, New York City had 672 hotels operating with 122,000 rooms.
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By comparison, a typical NYC hotel room clocks in at around 300 square feet.
There are at least 187,000 hotels in the world as of 2023. There are an estimated 17.5 million guestrooms in the world. The global hospitality industry is worth over $4.548 trillion as of 2022.