


We will use our knowledge, experience and network of hotel industry and real estate resource professionals to provide you with a smooth and successful transaction from listing, to contract, to settlement.
We understand the need for confidentiality as well as market exposure, so Hospitality Investment utilizes smart marketing to give our sellers targeted exposure to the universe of hospitality buyers and drive maximum asset value
We will use our knowledge, experience and network of hotel industry and real estate resource professionals to provide you with a smooth and successful transaction from listing, to contract, to settlement.
We understand the need for confidentiality as well as market exposure, so Hospitality Investment utilizes smart marketing to give our sellers targeted exposure to the universe of hospitality buyers and drive maximum asset value
Except for multi-family housing, they are not scattering their interest throughout the U.S., but rather narrowly targeting it to New York City and Washington, D.C., to an even greater extent than in previous years.
More Specific, They are targeting Office Buildings and Hotels, Residential Buildings and Distressed Development Sites in Manhattan and Large Scale housing in Washington DC, Boston ; San Francisco and Los Angeles areas.
Nov. 1 is the date - a date that will tell Milan developer David Bizzi whether his completed $656 million condo-hotel project on East 36th Street in Manhattan is a hit or a dud with buyers.
The 60-story, 184-unit condo project and 214-suite hotel is called Setai Fifth Avenue.
WE Offer OFF Market Hotels for Sale in NYC - Hotel Restructure and Management in NYC
Since the premiere edition of the 'Manhattan Hotel Report 2010,' dealing with the Manhattan hotel industry, was released by Domain Properties in February 2010, hotel sales continue to go through the roof in New York City. Domain Properties assists buyers and sellers of 'off market' hotels and offer direct discreet buyer to seller meetings. With rising hotel rates and high occupancy levels, the Manhattan hotel industry is a lucrative market for investors. Luxury hotels are in highest demand – especially with international travelers who want to stay in Manhattan.
NYC Hotels – Expected To Open Mid-2010
|
Hotel Name |
Hotel Type |
Number of Rooms |
Address |
Neighborhood |
|
Trump Soho |
Condo-Hotel |
391 |
246 Spring Street |
SoHo |
|
Staybridge Suites - Times Square |
Limited-Service |
310 |
310- 334 West 40th Street |
Midtown West |
|
Comfort Inn Lower East Side - |
Limited-Service |
32 |
136 Ludlow |
Lower East Side |
|
The Chatwal New York |
Boutique |
88 |
128-130 West 44th Street |
Midtown West |
|
Mondrian SoHo |
Full-Service |
270 |
150 Lafayette Street |
SoHo |
|
48 Lex |
Extended Stay |
124 |
517 Lexington Avenue |
Midtown East |
|
Cassa NY Hotel & Residence |
Hotel + Condo |
166 |
66 West 45th Street |
Midtown West |
|
James New York SoHo |
Boutique |
114 |
27-31 Grand Street |
SoHo |
Read More from the Source: http://www.hoteltechresource.com/article48325.html
The above table indicates just a few of the NYC hotels slated for development during this second half of 2010. Forty-six hotels are scheduled to open in New York City before the end of the year. More than six hotels will have opened between June and August.
In the first half of 2010, nine hotels opened and added 1633 rooms to the NYC hotel industry. During the second half of the year, more than 5100 extra rooms will be available in the city. This thriving global center will have 86,500 hotel rooms by year's end.
Another 4000 rooms are expected to be added in the near future. NYC developments for 2011 include Clarion Brooklyn (65 rooms) on 1120 36th Street in Brooklyn, NoMad Hotel (160 rooms) on 1170 Broadway at 28th Street, and Holiday Inn Express (198 rooms) at 505 W. 43rd Street.
In July, the Hyatt Hotels' 184-room Andaz opened at 485 Fifth Avenue at 41st Street. This site will be fully operational in September. Hyatt already operates the Grand Hyatt on 42nd Street in Manhattan, According to Smith Travel Research, Hyatt will open four NYC hotels - two under the Andaz brand (including a 253-room Andaz at 75 Wall Street) and two under the Hyatt Place brand.
It was in 2009 that New York City occupied the numero uno status in terms of attracting the maximum number of visitors. New York City has always managed to attract visitors because of the enigma and class associated with its name. Ask 10 people, anywhere in the world, to name a top city in the world and about six or seven would take the name of the Big Apple.
With so much popularity attributed to it, it is no wonder that NYC has some of the best and most well known hotels in the world. The tourism industry has indeed opened up worldwide and it is expected that the number of visitors to New York City will only go up. Hotels are gearing up for the rush and you can expect world class service when you are in one of the top hotels in the city.
Central Park is one of the most famous locations in NYC. Add the classy Fifth Avenue to it. Also add art and culture, endless hours of shopping, some spectacular dining and nightlife continuing till the wee hours of the morning. And in the midst of all this is The Plaza, one of the most famous and luxurious hotels in the city. Your stay at The Plaza is bound to be once in a lifetime experience.
don’t hesitate to call us for answers to all the queries you may have regarding your investment in real estate. CALL US Direct 646-403-4441
Goldman Sachs has begun to unveil the designs it has on remaking its new neighborhood of Battery Park City.
On Wednesday night, members of a committee of Manhattan’s Community Board 1 heard about Goldman Sachs’s plans to upgrade a hotel next to its headquarters and to bring in Danny Meyer, the red-hot restaurateur, to open a Shake Shack, a Blue Smoke barbecue joint and a fancier restaurant in the complex, a block from the World Trade Center site.
Read the Rest HERE ... http://cityroom.blogs.nytimes.com/2010/07/29/goldman-sachs-seeks-upgrades-in-battery-park-city/?dbk
Mr. Meyer’s Union Square Hospitality Group
Kuala Lumpur-based Genting Malaysia Bhd is planning to invest
$1.3 billion on a gaming facility at New York City's Aqueduct racetrack, located in Queens. According to Hotels Magazine, the proposed facility, called Resorts World New York, will house three proposed hotels.
Genting currently operates and has ownership stakes in more than 10,000 hotel rooms around the world, including the world's second-largest hotel in Malaysia. According to the story, the video lottery license granted to Genting is the only one within the New York City limits
http://www.marriott.com/hotels/travel/isphv-residence-inn-long-island-holtsville/
The hotel represents the 11th hotel either acquired or under contract to purchase by Chatham since its 21 April 2010 initial public offering.
"This is a very well-located property with superb visibility and accessibility off of the Long Island Expressway," says Jeffrey H. Fisher, Chatham's chief executive officer. "The Long Island hotel market is extremely attractive for a number of reasons, including its high barriers to new competition and multiple demand generators. This hotel is proximate to a large number of major businesses, as well as to such nearby tourist attractions as Fire Island and the Hamptons, which appeals to both business and leisure travellers."
The upscale extended-stay Residence Inn by Marriott hotel features 124 suites, complimentary high speed internet access and fully equipped kitchens. The hotel offers an on-site fitness centre, indoor swimming pool and whirlpool, as well as an outdoor sport court.
The six-year-old hotel will be managed by Island Hospitality Management, a hotel management company 90 per cent owned by Fisher
Read More.. http://www.propertyfundsworld.com/2010/08/05/57211/chatham-acquires-residence-inn-holtsville-new-york
Move-ins at the W New York Downtown Hotel & Residences are slated for Sunday, according to the New York Post.
The 58-story building at 123 Washington Street in the Financial District -- which has 223 condos -- sits atop a 217-room hotel operated by Starwood's W brand, which opened Tuesday..
The Moinian Group, the building's developer, initially put the condos on the market in 2007, pre-construction. But in the down market, Moinian put sales on hold and waited until the building was further built and the economy had "recovered," the Post said.
Just one year after undergoing a downturn, New York City's tourism industry looks to be on the rebound.
The city's marketing and tourism agency says preliminary data shows New York is on track to reach a record 47.5 million visitors this year – beating the previous record set in 2008 by 500,000.
This comes after tourism fell for the first time in eight years in 2009, as the country went through a recession and Americans reigned in spending.
Mayor Michael Bloomberg says the industry fared better across all sectors – from higher hotel occupancy rates and Broadway ticket sales to more tourism-related jobs than last year.
"Just think about that, the economy turns down in America and around the world, and we're gonna have a record year in tourism,” said the mayor. “We used to talk about diversifying our economy, not just diversification in terms of industries, but around the city and all five boroughs. This is another example of doing exactly that."
Read More.. http://www.ny1.com/content/top_stories/123589/local-tourism-industry-on-the-rebound

Say goodbye to stinky taxis – beginning Aug. 15, guests at the chic Gansevoort Hotels in New York's Meatpacking District and on Park Avenue South will get complimentary in-town car service and VIP airport transportation in a fleet of 2011 Porsche Panamera 4S's. The service comes as part of a cross-promotional deal brokered between Porsche Cars North America, Inc. and the Gansevoort Hotel Group, both of which brands are committed to innovative design. "We're looking forward to transforming the perception of city driving for Gansevoort Hotel Group guests," says Detlev Von Platen, president and CEO, Porsche Cars North America. "Appreciating one of the world's greatest cities from the spacious interior of a Porsche Panamera is a great way to increase your pulse rate without adding an iota of stress." The stylish rides are sure to make any hotel guest feel like one of NYC's 650,000 millionaires.
Other NYC Hotels offer Mercedes Benz S550 and Cadillac Escalade ESV and Range Rover HSE to their clients as part of the Hotel Amenities.
You can also Rent a Porsche. Mercedes Benz S550 Rentals and Cadillac Escalade Rentals and Range Rover SUV Rentals indecently and Delivered to your NYC Hotel from Image Luxury Car Rentals.
According to Lodging Econometrics There were 322 hotel sales and property transfers in the first half of the year, according to hotel real estate tracking firm Lodging Econometics.
For the first time, Lodging Econometrics (LE) has compiled and announced its 2011 Forecast for New Hotel Openings for Europe, the Middle East and Africa. 322 projects/72,077 rooms are forecasted to come online in 2011.
Bids are due by mid August from companies interested in setting up a hotel on seven floors of the old New York Times building on West 43rd Street between Seventh and Eighth avenues.
“We want something that is the kind of brand that fits the space,” said Richard Marin, the chairman and chief executive of owner Africa Israel Investments (USA), which plans to turn the long-empty building into a multi-use property with shops, hotel rooms and luxury condominiums. “This is an iconic landmark building that wouldn't be right for a down-market brand.”
Read More:.. http://www.crainsnewyork.com/article/20100810/REAL_ESTATE/100819993
Associations/companies
Hotel Brokers International
American Hotel & Lodging Association
Asian American Hotel Owners Association
International Hotel & Restaurant Association
Smith Travel Research
Industry Publications - Print and Internet
Daily Lodging Report
E-Hospitality
Hotel Business
Hospitality Net
Hotel & Motel Management
Hotel Business
Hotel Interactive
Hotel Journal
Hotel Online
Hotel Resource
Lodging Hospitality
Lodging Magazine
Real Time Hotel Reports
Reed Business
Industry Conferences
AAHOA Annual Convention Americas Lodging Investment Summit (ALIS) - Los Angeles
Caribbean Hotel/Tourism Investment Conference (CHTIC)
Hotel Investment Conference Asia Pacific (HICAP)-Hong Kong
International Hotel Investment Forum (IHIF)-Berlin
NYU International Hospitality Industry Investment Conference - New York
The Lodging Conference - Phoenix
Hotel Investment Conference - Atlanta, GA
International Hotel/Motel & Restaurant Show - New York, NY
Choice Hotels International Convention - Choice Licensees ONLY
Intercontinental Hotels Group Conference - Licensees Only
Americas Best Values Inns - Licensees Only
Best Western International Conference - Licensees Only