#1
Todayhttp://www.bizjournals.com/washingto...html?ana=yfcpc
Looks like Starwood will be taking over management of this hotel, which will remain unbranded until renovations are finished, at which point it will become a Westin.
I've never actually stayed at the Helmsley, but it'll be nice to have another option on the east side.
Looks like Starwood will be taking over management of this hotel, which will remain unbranded until renovations are finished, at which point it will become a Westin.
I've never actually stayed at the Helmsley, but it'll be nice to have another option on the east side.
#3
"At closing, Starwood Hotels and Resorts Worldwide Inc. will take over the management of the property as an unbranded hotel."
"The transaction is expected to close in late March 2012."
Is this an error that should read March 2011? Or will ownership really not even change to Host until 2012?
Edited to add:
I am nearly certain that this is an error by the news article's author. Host is expected to close on the property in March 2011.
Location: 212 East 42nd Street NY, NY
"The transaction is expected to close in late March 2012."
Edited to add:
I am nearly certain that this is an error by the news article's author. Host is expected to close on the property in March 2011.
Location: 212 East 42nd Street NY, NY
#4
djjaguar64 , Jan 27, 2011 9:47 am
FlyerTalk Evangelist
How is this hotel currently, has anyone stayed at this property? The have a 50% off promo in Jan and Feb and they also have a BID for your room system.
#5
From the WSJ:
Quote:
"It's a great three-star [hotel] that hasn't had any capital reinvested of consequence in 10-plus years," says Lawrence Wolfe, senior managing director at Eastdil Secured in New York, who isn't involved in the sale. "It needs a heavy redo [of] $50,000 in each guest room plus money into the public area and facade."
"It's a great three-star [hotel] that hasn't had any capital reinvested of consequence in 10-plus years," says Lawrence Wolfe, senior managing director at Eastdil Secured in New York, who isn't involved in the sale. "It needs a heavy redo [of] $50,000 in each guest room plus money into the public area and facade."
#6
I stayed there when it was a HARLEY, way before it was a Helmsley. Back when it was a very very nice hotel. Would love to stay there again if it's up to snuff! Just as I've been despairing over the loss of the 2 Ws on the east side! Wow. I really look forward to this!
Excellent location for those of us who love to visit NYC but don't necessarily want the noise and commotion of Times Square. Great news! ^
Excellent location for those of us who love to visit NYC but don't necessarily want the noise and commotion of Times Square. Great news! ^
#7
Out of my Element , Jan 27, 2011 1:59 pm
I'd love for them to take over the Sandcastle in Sarasota from Leona as well.
#9
Quote:
And Central Park?Originally Posted by Out of my Element
I'd love for them to take over the Sandcastle in Sarasota from Leona as well.
#10
James Luckard , Jan 28, 2011 11:54 am
Quote:
Interesting, as it used to be a Sheraton. I also like the idea that Leona is still controlling the hotels from beyond the grave. Sounds like something she might doOriginally Posted by Out of my Element
I'd love for them to take over the Sandcastle in Sarasota from Leona as well.
#11
Non-NonRev , Jan 30, 2011 8:36 am
FlyerTalk Evangelist
Quote:
Didn't Leona's dog inherit her fortune? If so, Westin, with its pet-friendly policies, makes sense Originally Posted by James Luckard
Interesting, as it used to be a Sheraton. I also like the idea that Leona is still controlling the hotels from beyond the grave. Sounds like something she might do
More seriously, not only does it put SPG back in Midtown East Side, it will help them better compete against the nearby Grand Hyatt, which is also receiving a major refurbishment.
#12
AZ Travels the World , Jan 30, 2011 10:22 am
Moderator: American AAdvantage & Marriott Bonvoy
Quote:
I agree. Personally, I look forward to this addition to the Westin brand in NYC.Originally Posted by Non-NonRev
. . . not only does it put SPG back in Midtown East Side, it will help them better compete against the nearby Grand Hyatt, which is also receiving a major refurbishment.