Finance and Development, Real Estate
March 3, 2023
Via: Hotel News ResourceHotels are a vital part of New York City’s economy, accounting for approximately $13 billion of revenue per year. In recent years, however, the City Planning Commission has adopted certain amendments to New York City’s Zoning Resolution in an attempt […]
February 13, 2023
Via: Hospitality DesignVirgin Hotels New York City has launched in the heart of Manhattan’s NoMad neighborhood, marking the brand’s sixth U.S. property and its seventh overall. Architecture by Stantec and interiors by MARKZEFF radiate the lifestyle hotel company’s distinctive vibrancy and sophistication, […]
January 24, 2023
Via: Hospitality DesignLark Hotels has introduced the seventh property in its Bluebird by Lark collection. Designed by collaborators Elder & Ash, the Bluebird Lake Placid in New York departs from the region’s classic Adirondack styles. The 90-room lakeside retreat is instead distinguished […]
December 13, 2022
Via: Hotel News ResourceArlington, VA based real estate investment firm Excel Group recently completed the acquisition of the 150-key Hampton Inn & Suites Yonkers, NY, located 17 miles away from New York City. The asset benefits from a strategic location in the center […]
Finance and Development, Markets
October 19, 2022
Via: Hotel News ResourceThe U.S. hotel industry reported higher performance from the month prior and improved comparisons with 2019, according to September 2022 data from STR. September 2022 (percentage change from September 2019): Occupancy: 66.7% (-0.6%) Average daily rate (ADR): US$154.32 (+16.9%) Revenue […]
July 6, 2022
Via: HospitalityDesignGreek concept Avra Estiatorio has opened its third New York outpost within the historic Time Life Building at Rockefeller Center in Manhattan. Spread across 16,500 square feet, Avra Estiatorio Rockefeller Center comprises three floors and an alfresco space overlooking 6th […]
May 11, 2022
Via: HospitalityDesignAll-day café Bica brings authentic Brazilian and Portuguese flair to Midtown Manhattan. The quaint new concept was developed by siblings Carlos and Victor Pedro—the sons of Alfredo Pedro, the restaurateur behind popular Brazilian restaurant Ipanema, which will soon reopen in […]
January 18, 2022
Via: Hotel News ResourceNavika Group of Companies and Blue Sky Hospitality Solutions (BSHS) Management Company today announced the acquisition of Andaz Wall Street, which has rebranded to Hyatt Centric Wall Street New York. The hotel plans to resume operations and begin welcoming guests […]
February 16, 2021
Via: HospitalityDesignAn iconic fixture of New York’s SoHo neighborhood, Vesuvio Bakery has made its return to its original Manhattan address after an 11-year hiatus thanks to restaurateur Adam Block. Evoking a classic appeal and a contemporary Italian flair, the design by […]
Finance and Development, Real Estate
February 12, 2021
Via: HospitalityDesignNew York-based Studio Gang has revealed new renderings for Populus, a 13-story mixed-use building slated for development near Civic Center Park in Denver. Conceptualized in partnership with real estate firm Urban Villages, the 145,000-square-foot design will be home to 40 […]
December 23, 2020
Via: HospitalityDesignRestaurants around the country have shown their ability to be flexible and remain creative as COVID-19 has altered the landscape over the past nine months. From a total shutdown to a brief moment when indoor dining was reintroduced at a […]
December 16, 2020
Via: HospitalityDesignSingapore-headquartered Aman Resorts will soon introduce its first urban concept in the U.S. with the launch of Aman New York. Slated for a spring 2021 opening, the forthcoming resort will breathe new life into Midtown Manhattan’s famed Crown Building with […]
December 10, 2020
Via: Hospitality NetLuxury hotels and resorts group Aman is set to open a new hotel in New York in spring 2021, located in Manhattan’s historic Crown Building. The hotel will be located at the crossroads of 57th Street and Fifth Avenue, and […]
November 19, 2020
Via: Hospitality NetBrand ushers in a new era for The Franklin, an art deco, boutique hotel in New York’s Upper East Side. IHG® Hotels & Resorts, one of the world’s leading hotel groups, has announced the opening of the first voco™ hotel […]
Finance and Development, Markets, Travel
October 13, 2020
Via: Hospitality NetOutside Kennedy International Airport’s Terminal 4, the long line of New York City yellow cabs that in years past rotated like a conveyor belt to meet the demand of passenger arrivals has disappeared. The wraparound rows where riders line up […]
April 8, 2020
Via: Hotel News ResourceOn Thursday, April 2, 2020, Four Seasons Hotel New York officially reopened its doors to offer a welcome respite to New York’s medical personnel on the frontlines of the COVID-19 pandemic. On March 25, the luxury hotel in Midtown Manhattan […]
March 24, 2020
Via: Hospitality NetAfter temporarily closing their doors to ward off the coronavirus, some of New York City’s largest hotel chains are already predicting a summer rebound. “The property looks forward to welcoming guests later this summer,” a Hilton spokesperson told The Post […]