Faena's unique spirit of luxury and experiential hospitality is making its way to the City of Dreams. Perfectly situated by the High Line and Hudson River, Faena New York is reimagining One High Line's East Tower as its next destination.
Four Seasons Hotel New York is reopening its doors, offering personalized luxury experiences to business and leisure travellers, as well as local guests who fondly call Four Seasons their second home in the city.
The Manner, a new luxury hotel, has opened in the heart of Manhattan's SoHo neighborhood, offering a unique blend of refined hospitality and residential-style elegance. With 97 rooms, including ten suites and a penthouse, The Manner provides a more intimate and design-driven experience compared to traditional hotels. This new concept from Standard International emphasizes understated luxury, with a focus on creating a home-like atmosphere for its guests.
InnSpire, the leading provider of innovative hospitality technology solutions that help drive seamless, world-class guest experiences for some of the world’s most iconic hotels and brands, has partnered with Park Lane New York; a historic hotel located along Central Park South in Manhattan to provide a comprehensive suite of technology solutions designed to maximize and streamline the guest experience.
IHG Hotels & Resorts and the GBTA Foundation, the charitable arm of the Global Business Travel Association (GBTA), brought together some of travel’s biggest sustainability leaders yesterday during 2024 Climate Week NYC to spark dialogue about the decarbonization of business travel. In collaboration with co-hosts IDEO, Accenture, American Express Global Business Travel, Delta Air Lines and Hertz, the event challenged attendees to explore tensions and collaborative approaches inherent in balancing the necessity of business travel with the imperative to reduce carbon emissions.
The St. Regis New York celebrates its 120th year this fall with the debut of an extensive redesign and renovation, marking a new chapter of glamour and sophistication. With revamped public spaces including the lobby, King Cole Bar, and two new dining locations, The St. Regis New York unveils a striking new era at Manhattan's best address. The renovation reflects the hotel's enduring legacy reborn for today's global traveler with a modern aesthetic led by renowned design firm Champalimaud Design.
Today marks a historic milestone for one of New York City's iconic premier luxury boutique hotels as The Benjamin Royal Sonesta Hotel New York unveils the first phase of its transformation.
Located in the heart of Midtown Manhattan, Kimpton Rockefeller Center is slated to open in late 2025.
The rate of growth in occupancy, average daily rate (“ADR”) and revenue per available room (“RevPAR”), while robust, continued to decelerate. Luxury hotel occupancy benefitted from increased demand, while ADR growth levels for lower priced properties continued to show significant improvements. For the overall Manhattan hotel market, Q1 RevPAR increased 9.4 percent while Q2 increased 6.8 percent, from the same respective periods in 2023.
The New York hotel industry is at odds with the NYC Council over a new public safety and worker protection bill that critics say could possibly kill jobs and throw the Big Apple’s tourism economy into turmoil.
Iconic New York Destination Unveils Fresh Modern Look, Welcoming Guests Back to the Heart of the City.
Hotel rooms for the finals weekend of the US Open Tennis Championships have been snapped up for 16% more than the average banked by New York City’s hotels this summer. This is according to new data from the world's leading distribution and revenue platform SiteMinder, which analyzed bookings for the two-week-long tournament commencing at the end of August.
Host Hotels & Resorts, Inc. (NASDAQ: HST) (“Host” or the “Company”), the nation’s largest lodging real estate investment trust, today announced that it has acquired the fee simple interest in the 234-room 1 Hotel Central Park (the “Property”) for approximately $265 million in cash. The acquisition price represents an 11.1x EBITDA multiple or a cap rate of approximately 8.1% on the Property’s 2024 estimated results1.
AAHOA (Asian American Hotel Owners Association) welcomes New York City Councilwoman Julie Menin’s recent announcement to postpone the hearing on the Safe Hotels Act, a decision that follows last week’s announcement of the bill’s concerning rapid introduction and development. If enacted, it would prohibit hotels from operating without an additional license, including preventing the use of subcontractors for core functions such as housekeeping, front desk, and security.
AAHOA (Asian American Hotel Owners Association), the largest hotel owners association in the world, expresses deep concern over the recently introduced New York City Council bill that would prohibit hotels from operating without an additional license, including preventing the use of subcontractors for core functions such as housekeeping, front desk, and security.
American Hotel & Lodging Association (AHLA) Interim President & CEO Kevin Carey issued the following statement today after the introduction of a New York City Council bill that would force hotels to abide by arbitrary operational mandates in order to stay in business.
Hotels are set to easily rake in well over a billion dollars in taxpayer funds for turning their buildings into migrant shelters.
Luxury Group by Marriott International, the unrivaled portfolio of eight hotel brands including The Ritz-Carlton, Ritz-Carlton Reserve, Bvlgari Hotels & Resorts, St. Regis Hotels & Resorts, EDITION, The Luxury Collection, JW Marriott, and W Hotels, today announces a curated slate of exclusive experiences in collaboration with urban air mobility platform Blade Urban Air Mobility, Inc. (“Blade”). Through this immersive collaboration, the Luxury Group will engage guests with the opportunity to fly directly to and from the airport to their hotel destinations using Blade’s helicopter service, elevating their summer travel plans with unparalleled ease and convenience.
With New York's congestion pricing plan indefinitely delayed, traffic into Manhattan this summer is set to be gridlocked as usual.
The Cornell Peter and Stephanie Nolan School of Hotel Administration held its annual Icon & Innovators Award Reception on June 4th at The Gotham in New York City. Cornell alumnus Keith Barr ’92, IHG’s former chief executive officer, was the recipient of the 2024 Cornell Hospitality Icon of the Industry Award. Chef José Andrés and Rob Wilder, co-founders of World Central Kitchen and José Andrés Group, were the recipients of the 2024 Hospitality Innovators of the Industry Award.