New York & New Jersey

It's been an exciting year for New York City, with The Plaza celebrating its 100th birthday and reopening after three years of refurbishment, and Radio City Music Hall celebrating 75 years of entertainment. In 2007, New York City welcomed an estimated 44 million visitors, with hotel occupancy rates averaging 85 percent. To accommodate visitors, new hotels keep springing up all over the city's five boroughs. And the current inventory of 72,500 hotel rooms is expected to rise to 90,000