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New York City hotel occupancy has fallen below 15%, and obviously that can only be sustained for so long without support from lenders. You can be a spectator and a performer too. The move follows a decision earlier this week by Ashford Hospitality to hand over the keys to its recently purchased Embassy Suites in Midtown West to its lender after the real estate investment trust fell behind in debt payments. Businesses across the country were devastated by the outbreak. Even before the coronavirus pandemic, experts were concerned that there were too many hotel rooms in New York City. The Novotel New York Times Square is hardly the first hotel to succumb to the effects of the pandemic. The 44-story Hilton Times Square in the heart of Manhattan is closing in October, according to a notice filed with the State of New York. Select for details about Hilton Garden Inn … The 478-room hotel, located at 234 West 42nd Street, has been closed since the pandemic-induced shutdowns began in March, and will close permanently by Oct. 14, according to a WARN Act Notice filed by the hotel’s owners, Sunstone Hotel … Hi, I am writing this to make people aware of the possible closure of this Hotel at the beginning of December . This hotel is a short walk from Broadway theaters of Theater District. Sir Walter Scott Monument is within 15 minutes' walk. The Times Square Hilton is closing permanently and the operators blame the coronavirus pandemic. City That Never Sleeps . It remains to be seen whether current hotel owners can find the means to pay off their debt and keep the lights on. New York City's Hilton Hotel Times Square will close permanently, according to published reports. Hi, I am writing this to make people aware of the possible closure of this Hotel at the beginning of December . The closure date of DoubleTree Guest Suites New York Times Square has moved to the end of January 2019. The Hilton Times Square in New York, which is a franchised property under the Hilton Hotels & Resorts brand, was built in 2000 and has 44 floors, according to its website. DoubleTree by Hilton Hotel rooms in Times Square, New York feature complimentary WiFi and a desk area. The closure is just the latest example of distress pummeling the hotel industry since the coronavirus nearly shut down travel and tourism to the city in March. DoubleTree by Hilton Hotel rooms in Times Square, New York feature complimentary WiFi and a desk area. Seems that the closure is now postponed until the end of January (Hilton informed us) and the reservations have been reopened until January 31, 2019 … Dine in our array of restaurants, including New York's only revolving dining destination, where views of Times Square are spectacularly on display. This date may further change. Yes, Hilton Garden Inn New York-Times Square Central does have fully refundable rooms available to book on our site, which can be cancelled up to a few days before check-in. Share via link. Broadway is always a natural draw for international tourists, and staying at a hotel nearby is often part of the experience. For things to do near the best NYC attractions, choose New York Hilton Midtown. Last week, we got a word from a reader that the very conveniently located DoubleTree Suites New York Times Square would be closing its doors at the end of November and this was also confirmed by a Hilton spokesperson (read more here).. And there's wifi in case you need it . The 478-room hotel, at 234 W. 42nd Street, filed a notice on Aug. 31 with the New York … For example, there’s also talk about how the value of the Hilton Times Square … The hotel’s 200 employees, some of whom had been furloughed since March, will be permanently laid off, according to the notice. 8.8 Excellent (599 reviews) Excellent location Extremely clean. DoubleTree by Hilton Times Square West menjadi tempat menginap saya ketika mengadakan perjalanan ke New York pada awal tahun 2021 ini. CNBC's Seema Mody joins 'Squawk on the … Duration: 01:18 9/3/2020. "We need urgent, bipartisan action from Congress now to keep hotels open so that our industry and our employees can survive and recover from this public health crisis," AHLA chief Chip Rogers said. New York City hotel occupancy has fallen below 15%, and obviously that can only be sustained for so long without support from lenders. The 44-story Hilton Times Square in the heart of Manhattan is closing in October, according to a notice filed with the State of New York. Close. Tracking individual loans, the Standard Hotel in the Meatpacking District, the Holiday Inn in the Financial District and Tryp by Wyndham Times Square South are among the properties that have defaulted. Offering views of the river, Doubletree Suites By Hilton Hotel New York City - Times Square is located in East Harlem district. I can certainly put myself in your shoes and I absolutely understand your frustration. As of September 2020, the latest numbers … For example, there’s also talk about how the value of the Hilton Times Square has been written down to less than the $77 million mortgage on the property, which may cause the owners to simply default. The DoubleTree Suites by Hilton has long been located at the intersection of 7th Avenue and West 47th Street. We have spent a lot of time organising the New York section of our holiday and selected this hotel based on location, room configuration for our family and cost which was good as we booked at the beginning of the year to arrive mid December. Hilton Garden Inn® New York/Times Square Central. By clicking Subscribe you agree to our Privacy Policy. The Times Square Hilton, however, had been struggling to make payments on its mortgage before the pandemic. TIMES SQUARE — The coronavirus pandemic took another victim in Times Square: a Hilton will permanently shut down because of "unforeseeable business circumstances prompted by COVID-19." Last week, we got a word from a reader that the … Hilton Garden Inn Times Square. The 478-room hotel, at 234 W. 42nd Street, filed a notice on Aug. 31 with the New York Department of Labor that revealed its plans to shutter the property.. The 44-story, 478-room hotel at 234 West 42nd Street is in the heart of New York City with its Times Square … On Tripadvisor's New York City travel forum, travellers are asking questions and offering advice on topics like "Next month. Hilton Times Square award rates … We are having some technical difficulties. All Rights Reserved. Hilton CEO Christopher Nassetta and the hotel at 234 West 42nd Street (Google Maps; Getty; Hotel Planner). TWEET. The Hilton Times Square is set to become one of the most prominent Manhattan hotels to shut down on a long-term basis amid the coronavirus pandemic.. "Purpose built hotels like the Hilton Times Square are harder to convert and are not located in traditional residential neighborhoods. Cnbc 's data there are 34 % of hotels in New York City 's Square... Cnbc 's Seema Mody joins 'Squawk on the … a Times Square ’ s Hilton. And services but in a few more years, the soon-to-be former hotel will house Times Square ’ s Hilton! 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