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NYC Luxury Hotels and your Best Bet in Buying for 2011
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.
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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
The Pierre belongs to the Taj Group of Hotels that is in turn part of the Tata Group, the most well respected Indian business entity. The service and ambience of the Pierre is consistent with what global hotel guests expect from the Taj Group. From the moment you step in, you get the treatment like Royalty would. The Pierre is located on 2 E 61st Street, close to the Capezio Dance Theatre Shop. For more information on Taj Hotels, visit the Taj Hotels website.
That the St. Regis Hotel New York is a top hotel can be attributed to the fact that it has received the Forbes Travel Guide Five-Star Award for 15 consecutive years. Located in Manhattan amid all the commerce, finance and culture, the St. Regis is close to the New York State Exchange. St. Regis is famous for its iconic butler service and out of the world customer service.
Trump SoHo New York is located in the neighborhood of Hudson Square. Although its name contains the name of the famous SoHo locality, it is actually located a few blocks away from SoHo. This 386,000 square feet property is a valuable addition to the NYC skyline. Among other things, it contains an 11,000 square feet spa. The Hudson River, the Statue of Liberty and the Manhattan can be seen from the rooms.

Located at the Columbus Circle in Manhattan, the Trump International Hotel & Tower has been created on site that had the Gulf and Western Building. It is also one of the most luxurious hotels in the city and you really need to book well in advance if you want a room.
The Mandarin Oriental New York is also located on the Columbus Circle in Manhattan, at the Time Warner Center. Started in 2003, the hotel not only offers guest rooms but also has 64 residences. It gives you a great view of the Hudson River, the Central Park and the New York skyline. It also has the only Forbes Five-Star spa in the entire Manhattan locality.
The Ritz-Carlton is part of the world famous Ritz Group of hotels. It is one of the most famous landmarks of Lower Manhattan. This hotel gives you a panoramic view of the Statue of Liberty, Ellis Island and New York Harbor. Whether you are a business or a leisure traveler and whether you are looking at business meetings or just want to wallow in luxury, this is one hotel that gives you all. It does not come for cheap but the money that you spend seems minuscule compared to what you get at this landmark hotel in NYC. Visit the hotel website here.
Ritz-Carlton Battery Park, New York
Of course, there are plenty of other hotels that the city of New York has and the hotel accommodation options are simply getting better. But looking at the large influx of traffic in the city, you are better off booking in advance.
You will be amazed when you see the names of some of the top hotels that changed hands in the past year. The hotel industry in NYC has again become very profitable and buyers are coming in droves to lay their hands on some of the finest properties in the city.
Some notable ownership changes include –
W New York – The Court & The Tuscany was bought by St. Giles Hotels, LLC in April 2010.
Helmsley Carlton House was bought by Angelo, Gordon & Company and Extell Development Company in March 2010.
The McSam Hotel Group sold four hotels to the Hersha Hospitality Trust. The four hotels are Hilton Garden Inn, TriBeCa, Holiday Inn Express, Hampton Inn and Candlewood Suites.
In recent hotel news for New York City, it is worthwhile to not that 2010 will see as many as 16 hotels either already opened or on their way. It is estimated that NYC will be able to increase its hotel accommodation capacity by as much as 12%.
Some of the notable hotels names for NYC in 2010 include Trump Soho Condo-Hotel, Staybridge Suites, Fashion 26, Hotel Eventi Dream Downtown and Wyndham Garden Nolita. Of course there are others that are on their way.
We have been in the business of hotels for more than a decade now. You can bank on us for the latest information and knowledge about the hospitality and travel industries. For a detailed information about us, please visit us by clicking here.
One of our first clients was a gentleman named Allan Truman (no relation to our former President). Mr. Truman was looking at options on buying a hotel property in New York City. He had no prior experience in the hospitality industry but had the cash to start off.
One of our sales representatives, Alexander Cross, got a whiff of his movements and approached him in his suite at the Ritz-Carlton. Mr. Truman was not very sure if he wanted to deal with us because we were new in this business and didn’t have a client base to speak of. After a couple of meetings, however, he decided to go ahead and hire us.
This decision triggered off a fantastic partnership. We not only helped Mr. Truman buy a decent property but also helped him with the best financial options. We set him up with one of the banks (through another source of ours, of course) and got him a fantastic deal. Mr. Truman was capable of buying the property outright but our experts extolled the value of financing and he went ahead with our proposal. The hotel was bought and revamped and our team of experts also helped him set up the new management to run the hotel. We also used our contacts in the market to brand his new baby and the guests started coming in soon.
Mr. Truman is not the only example that we have. In more than 10 years, we have services numerous such clients and our name in the market is carried by scores of hoteliers who trust us with everything related to their trade. Whether it is buying, selling, financing, hiring or hotel management – we are the ones you need to come to.
We have been providing customized services for our client’s needs since our inception. Therefore, 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
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