Hotels in new york city
9/11 Later Hotel Business Boost One year since Sept. 11, the stability of New York City's lodging industry is praiseworthy. The hotel business not only remains unchanged but also there is an increase in the figures of yearly business. In spite of the terrorism fever throughout US, tourists have inundated the city in recent months.
"People are optimistic about the hotel business improving. Nobody knows what will happen with the stock market, which is closely tied to business travel," said John Fox, a senior vice president at PKF Consultants.
The busiest period for the city hotels is from Labor Day and Christmas. The last year scenario was a different case. In spite of the attach in last year, this years business is expected better considering the fact of one-year anniversary as plenty of events will pay tribute to those who died. It is still anyone's guess how the business will fare for the balance of this fall.
W Hotels have taken the business travel trend toward boutique hotels and supersized it (some are as big as 700 rooms), but maintained the boutique-style quirks, charms and reasonable prices. Business travelers with a sense of style can't get enough of the W Hotel chain for its hip factor, great locations, luscious beds, contemporary design, trendy lobbies and general buzz.
The first W Hotel opened in New York City in 1998, and the chain has since grown to 20 hotels in major cities in the United States and abroad (W Hotels are now in Mexico City; Montreal; Seoul, Korea; and Sydney, Australia; two more are in the works in China).
RICHLY ADORNED WITH crystal chandeliers and gleaming marble, fine antiques
and museum-quality art, the grand hotels of New York City are positively palatial. Kings and queens, presidents and prime ministers, and stars of stage and screen--not to mention diplomats, titans of industry and wizards of finance--rest their heads in these high-ceilinged nests, lavishly restored landmarks that recall a bygone era of glamor and gentility.
Old World trappings accent their salons and corridors; hints of Old Money seem to be ingrained in the very woodwork. From dedicated hotel staff, many of whom have held their posts for decades, well-heeled guests expect discreet, personalized service in the European manner.
Over the top and beyond most budgets, the Big Apple's most exclusive historic hotels invite nostalgia-minded travelers to indulge their fantasies in movie-set surroundings. In fact, Hollywood filmmakers have made good use of these gilded backdrops.
Even if you don't care to splurge on an overnight stay, consider dropping in for a cocktail or afternoon tea to drink in the gracious ambience--and possibly spot a celebrity. Peek into the opulent banquet and ballrooms, the settings for elegant society weddings, fashion shows and charity events.
The chain combines a keen sense of style and customer pampering with a price that won't blow your budget. Depending on the location and the season, rates range from $159 to $459. All rooms have high-speed internet access and CD players. Bathrooms stock Bliss bath products, cotton terry bathrobes and fluffy towels.
Jones Lang LaSalle Hotels has been appointed to market the sale of a three-property, 506-room boutique hotel portfolio in New York City. The portfolio includes The Mansfield, The Roger Williams and The Shoreham, all luxury properties that are located in midtown Manhattan. They are offered either individually or as a portfolio with management availability, but all are subject to ground leases.
"This offering is a rare opportunity to acquire three hotels located in the most stylish areas of New York City," said Art Adler, managing director and CEO -- Americas for Jones Lang LaSalle Hotels.
The beaux-arts styled Mansfield is situated on 44th Street, steps away from Times Square, Broadway and Fifth Avenue shopping. It is a 12-story, 127 guestroom boutique hotel that features copper-clad sheathing, cast-iron and stone-detailing, preserved terrazzo floors and a two-story lobby.
The 202-room Roger Williams is located at Madison Avenue and 31st Street near the Flatiron District. The hotel caters to the publishing, finance, and design crowd characteristic of its popular midtown South location. The 177-room Shoreham Hotel a short walk to Central Park, Carnegie Hall, Trump Tower, The Museum of Modern Art, and Broadway Theatres.
A joint venture between Hard Rock Cafe International and Sol Melia Hotels and Resorts called Lifestar Hotels LLC entered into a series of agreements with Becker Ventures LLC to develop and manage New York's Paramount Hotel. Becker recently acquired the hotel from Morgans Hotel Group for $126.5 million. The 593-room hotel will undergo a multimillion-dollar refurbishment beginning in 2005 and will be rebranded the Hard Rock Hotel New York. Until the refurbishment is complete, the hotel, which is located near Times Square on 46th Street between Broadway and Eighth Avenue, will continue to operate as the Paramount Hotel. The New York hotel will be the third Hard Rock Hotel to be part of the joint venture since its formation in 2003 (a Chicago hotel opened earlier this year and a San Diego property is scheduled to open in 2006). Sonnenblick-Goldman Co. arranged the sale of the hotel on behalf of Morgans.
Some hotels are opening up this fall. The Westin Times Square is set to open mid-October. The hotel--which is owned by Starwood--will boast 863 rooms, making it one of. Times Square's larger hotels. Elsewhere in Manhattan, the Hampton Inn chain is expanding in several neighborhoods, including Chelsea.
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