On May 15, 2019, New York’s spectacular new TWA Hotel opened at John F. Kennedy International Airport. At a cost of more than $250 million, two new hotel wings containing 512 guestrooms were built behind the landmark Trans World Airlines Flight Center designed by famed architect, Eero Saarinen which first opened in 1962.
Upscale Boutique Hotel to Bring Vibrant Energy to the Borough with Sleek Design, Dual-Level Restaurant and Extensive Meeting Space.
The 41st NYU International Hospitality Industry Investment Conference wrapped up on June 4, 2019, and the overall sentiment of the event was one of caution, a shift from a sentiment of cautious optimism at conferences earlier in the year. Most expect the next industry downturn to come soon, perhaps as soon as next year or early 2021. Absent a Black Swan event, the expectation is for a correction rather than a deep downturn. Main takeaways include the following:
Renaissance New York Times Square continues to provide travelers with unparalleled experiences in the heart of Manhattan with the official debut of its completely redesigned 317 guestrooms and suites, following the earlier completion of its unique terrace suites. The hotel's chic renovations pay homage to its bustling Times Square neighborhood and the area's evolution as an iconic hub steeped in theatrical history. Dash Design, a leading NYC-based interior design and branding agency by founder David Ashen, was selected to spearhead the makeover. When envisioning the hotel's new look, the firm aimed to inspire guests with a sense of endless discovery and unexpected twists at every turn.
Comfort hotels, franchised by Choice Hotels International, Inc. (NYSE: CHH), continues its nationwide expansion with the opening of two hotels in Brooklyn and Long Island City, N.Y.
Revenue per available room (“RevPAR”) fell to the lowest first quarter average since 2011, as average daily room rate (“ADR”) declined across all Manhattan submarkets. During the quarter, increases in lodging supply, which continued to outpace growth in demand, resulted in the largest year-overyear decline in occupancy since 2009. Despite more positive expectations coming into the New Year, the quarter ended on a weak finish with March RevPAR down 11.1 percent.
The 94-room Comfort Inn at 37-35 21st Street is in one of New York's emerging neighborhoods. The hotel is the latest newcomer to the redeveloped industrial area of Long Island City, home to corporate offices of JetBlue Airways, Silvercup Studios, and Altice USA. The NYC Subway's F-train is nearby and gets into midtown Manhattan in 2 short stops, perfect for visitors to explore the Empire State Building, Central Park, and more.
Located at 150 20th St. in the South Slope area of Brooklyn, guests of the 84-room Comfort Inn Prospect Park-Brooklyn can easily access many of New York's top businesses. Industry City, the World Trade Center, and Wall Street firms like JPMorgan Chase and Goldman Sachs are all just a short subway ride away.
Endeavor Hospitality Group, a New York-based hotel management company, announced today the appointment of Melissa Minisci as Director of Sales for the soon-to-open Courtyard New York Midtown West, located in the Hudson Yards District, a few blocks from the Hudson River, Broadway, Madison Square Garden, and the Jacob Javits Center. In her new role, Minisci will be responsible for leading the property's short and long-term strategic and tactical sales efforts, as well as laying the foundation for future growth.
The extended-stay Element Times Square West — just a few blocks from the popular new Hudson Yards and its iconic Vessel — has completed a multi-million dollar renovation, it was announced today by Mark Kulecki, General Manager. The property originally opened in 2009.
The 14th annual Best Western Hotels & Resorts Leisure Travel Summit took place this week in New York City, with an impressive line-up of panelists from AAA, NostalgiaCon, TripAdvisor® and U.S. Travel Association. The group, which was led by Dorothy Dowling, Best Western's Senior Vice President and Chief Marketing Officer, spoke to current trends shaping travel, shared insights into the outlook of the travel industry, and discussed the impending summer travel forecast.
A party in southern Queens, an hour outside of Manhattan, might not sound like the hottest event in town.But when it's the opening day of the TWA Hotel at New York City's JFK airport, which took place May 15, it's the hospitality -- and aviation -- moment of the year.Models and dancers in 1960s attire mingled with aviation fans, architecture buffs and reporters -- some wearing "Mad Men"-inspired looks and retro aviation gear -- on the inaugural day of the much anticipated hotel, which is inside the former TWA air terminal designed by Eero Saarinen.
The Redbury New York, located in the vibrant NoMad neighborhood in Manhattan, announces the appointment of Kevin Barnes as Hotel Manager. In this position, Barnes will manage and lead the operational and strategic performance of the hotel's growth and brand development.
Hilton Grand Vacations Inc. (NYSE:HGV), announces its fifth New York City property, The Central at 5th by Hilton Club. The ground-up, 34-story project developed by Hidrock Properties exclusively for HGV, is a result of HGV's continued efforts to deliver new product offerings in highly coveted urban and vacation destinations.
Hotel Henri joins the family of Preferred Hotels & Resorts -- the world's largest independent hotel brand that represents more than 750 distinctive hotels, resorts, residences, and unique hotel groups across 85 countries -- as the newest experience available within the Preferred Hotels & Resorts Connect Collection. The Preferred Hotels & Resorts Connect Collection is an international portfolio of hotels that connect people to friends and family, business associates, and interesting neighborhoods. Inspired by local culture, these smart, well- appointed, eclectic, and welcoming hotels seamlessly combine value with comfort and convenience to relax one's busy, on-the-road life.
The hotel concept by Equinox is to see daylight by June 2019 in NYC. The first Equinox property will open in Hudson Yards in Manhattan's West Side, New York.
According to the Wall Street Journal, the project appears to be in part a shift to other sources of revenue as Airbnb's short-term rental business—the service that fueled its explosive growth—faces major pressure from local governments that accuse it of enabling a sprawling black market in illegal hotels, violating local housing regulations, and driving up rent by taking housing units off the market to cater to tourists and other visitors. In New York, it is illegal in most buildings for apartments to be listed for less than 30 days without a permanent tenant being home at the same time, and city regulators have been increasingly aggressive about cracking down on some of the biggest alleged offenders. The city has also been waging a legal battle to force Airbnb to hand over "user and listing data on approximately 20,000 apartment listings," per HousingWire.
Rockwell Group, the architecture and design firm founded by David Rockwell, Tony Award-winning set designer and architect, today announced the anticipated May 2020 opening of Olio, a 27-story, 116-room hotel located on West 48th Street near 8th Avenue in the heart of New York's theater district. Olio will feature a first-of-its-kind curated art program with permanent and rotating works of art by emerging and established theater creatives.
RXR Realty, one of New York City's largest real estate owners, investors, operators and developers, and Airbnb , the world's largest community driven hospitality company, announced an innovative partnership to convert portions of iconic NYC commercial properties into a new category of urban lodging, made available exclusively through the Airbnb platform.
Soaring twenty-seven stories over Fifth Avenue, Hotel Hendricks is the stylish new addition to Fortuna Realty Group's collection of Manhattan hotels. The property and its 176 guestrooms are located just steps away from the Fashion District and Bryant Park. With interiors by LA-based interior designer Marcello Pozzi, the hotel and its 176 guestrooms boast unparalleled views of the Empire State Building and the cityscape. With two rooftop bars and a Latin-infused restaurant, Hotel Hendricks is set to be the new Midtown hotspot for locals and travelers alike.