nosha via Compfight ccThe coldest winter Manhattan’s hotel market ever saw … may have just passed. The borough’s hoteliers saw revenue per available room – a widely used metric of the market’s health – dip to its lowest point of the current cycle as the hotel market struggles to absorb new supply. The winter months, which are typically the slowest time of year for the city’s hotels, saw RevPar dip 2.3 percent year-over-year between January and March to about $163 a room, according to the hotel data-and-analytics firm STR. That’s the lowest it’s been since RevPar began falling in the winter of 2014.

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