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.
The world's tallest modular hotel - which will carry a brand of Marriott International (NASDAQ:MAR) - is on track to be stacked in late fall in New York City with prefabricated and pre-furnished guestrooms. Once erected over a 90-day period, the 360-foot-tall tower will represent a milestone for Marriott's ongoing initiative to encourage hotel developers in North America to embrace modular for new construction projects. To be topped with a modular roof and modular rooftop bar, the world's tallest modular hotel is expected to open in late 2020 as the AC Hotel New York NoMad.
Six Senses Hotels Resorts Spas is pleased to announce the appointment of Rebecca Soloff as director of sales and marketing at Six Senses New York, the group's first North American property which is currently under development. Rebecca joins Six Senses following a posting as director of sales and marketing at The Mark Hotel, New York.
Shelburne Hotel & Suites, located in the heart of New York City's Murray Hill neighborhood at 303 Lexington Avenue (at 37th Street), unveils new and redesigned guestrooms.
A New York City hotel classic since 1919, Hotel Pennsylvania, recently called "the most important hotel of the 20th Century," is proud to announce it will be celebrating its 100-year mark with the introduction of "The Penn Plaza Collection" featuring hundreds of fully modernized rooms achieved after a multi-phase, multi-million dollar design project that will make guests fall in love with this historic hotel all over again.
The Independent Lodging Congress today announced that registration is officially open for the organization's first event focusing on hospitality start-ups, INDIE Cultivate. Taking place on July 9th in New York City at the Standard High Line hotel, INDIE Cultivate: A Start-up Pitch Event, serves to help recognize hospitality, lifestyle and travel related start-ups who are making waves, or who want to make waves, in the industry.
Equinox Hotels today announced the opening of the first Equinox Hotel in Hudson Yards, New York, and launched their online booking platform for room reservations. In addition to bookings going live, Equinox Hotels has also released the first wave of details for the property, including design partners, room features, and guest amenities.
Simon Antoine has returned to his roots at Accor where he started his career in 1985, joining Sofitel New York as its new general manager. The seasoned hotelier brings over 30 years of leadership experience to the luxury Midtown Manhattan hotel, as well as a wealth of knowledge in the food and beverage arena. His new post follows a two-year tenure as opening general manager at the InterContinental Washington D.C. - The Wharf.
M&R Hotel Management, operator of 25 hotels in New York, Texas, Illinois, Missouri and Indiana, today announced the appointment of Brian Athas as regional director, revenue management, responsible for contributing to, implementing and assessing the effectiveness of M&R's revenue management strategy in the greater New York area.
SCG America and F&T Group today announced that Renaissance Hotels has been selected as the brand flag for the 208-key hotel within Tangram, their 1.2-million-square-foot, mixed-use development that seamlessly blends where people live, work and play as the new epicenter of Flushing, Queens. Currently under construction and scheduled to open in early 2020, the nine-story Renaissance New York Flushing Hotel at Tangram will offer global travelers and local residents an unexpected lens on this vibrant neighborhood.
In 1919, two grand hotels were racing to completion. The Hotel Commodore connected to Grand Central Terminal and owned by The New York Central Railroad officially opened on January 28, 1919. Named after 'Commodore' Cornelius Vanderbilt, the founder of The New York Central Railroad System, it had a whopping 2,000 guestrooms. It also housed the single largest room ever constructed.
Revenue per available room ("RevPAR") reached the highest fourth quarter average since 2006, as growth in average daily room rate ("ADR") rebounded at Manhattan hotels. During the quarter, lodging supply, which continued to outpace growth in demand, resulted in declines in occupancy. With strong commercial traveler demand during the first half of the quarter, coupled with price-elastic holiday tourism in the latter half, Manhattan room rates finished the quarter at an average of $328 per night.
Metropolitan Property Group, a real estate brokerage firm, is accused of using a complex web of 18 corporate entities and fake identities on Airbnb to convert 130 apartments into de facto hotel rooms.
Mandarin Oriental Hotel Group has announced an agreement to brand and manage 69 luxurious residences, located on Fifth Avenue New York, scheduled for completion in 2021.