Acquisitions & Hotel Openings

Real Hospitality Group and Owners Joy Construction Celebrate Grand Opening of the Four Points Manhattan Midtown West

Hotel marks the 21st Marriott branded hotel to open in the company portfolio

OCEAN CITY, MD. March 1, 2017 - Real Hospitality Group (RHG) announced today the grand opening of the Four Points by Sheraton Manhattan Midtown West at the Hudson Yards development in Midtown Manhattan.

Owned by Joy Construction and managed by Real Hospitality Group, the newly constructed Four Points Manhattan Midtown West offers 148 spacious guest rooms with many offering panoramic views of the Hudson River, a 24-hour fitness center, a business center in addition to high speed and free Wi-Fi throughout the hotel. Guests will enjoy full-service dining in the hotel restaurant and the brand’s iconic Best Brews and BBQ™, which features refreshing local beers on tap and seasonal BBQ-style appetizers at the hotel lounge. The hotel is located near Hudson Yards - one of the most buzzed about new developments in Manhattan - which is experiencing a development boom in New York City not seen in generations with over 17 million square feet of space for new tenants as well as the upcoming expansion of the High Line. The hotel is close to numerous corporate offices & Fortune 100 relocations, Madison Square Garden, Penn Station, Jacob K. Javits Convention Center in addition to top attractions the Empire State Building, Times Square and the Broadway Theater District, making it the perfect venue and timing for the Four Points to open.

“Our staff is already providing unparalleled levels of service, and expect the hotel to be an outstanding leader in guest engagement,” comments Ben Seidel, President and CEO of Real Hospitality Group. “The location is exceptional, close to the burgeoning and booming development that is Hudson Yards and a short walk to Penn Station and the expanded futuristic subway line. This newly developed part of the city is underserved from a hotel perspective, and we are excited to be one of the first to move in and complements our presence in the city.”

Ownership committed to delivering an upscale product, with design elements that provide a fresh sense of style and comfort for their guests. “Our goal was to deliver a best in class hotel that would that would be accretive to the transformation of the most exciting neighborhood in New York City. We are very proud to be adding such a high-quality product to both the Marriott and Real Hospitality Group portfolios,” comments–Eli S. Weiss Managing Member Tenth Avenue YYY LLC.

About Real Hospitality Group

Real Hospitality Group (RHG) is headquartered in Ocean City, MD with a regional office in Midtown Manhattan in New York City. The Real Hospitality Group portfolio includes 76 hotel properties with an inventory of more than 9,659 rooms in gateway cities that include New York, Philadelphia, Miami, Boston, and locations in Syracuse, Newark, Wilmington and Rehoboth Beach, DE, Montauk, New York, and Ocean City, MD. The company is a recognized service provider for Marriott, Hilton, Starwood, Hyatt, Wyndham, IHG, and the Choice Hotels brands, as well as established diverse collection of independent and lifestyle hotels. RHG focuses on total service property management, revenue performance, guest experience and business development for investors in the lodging sector. For more information, please visit the company website at www.realhospitalitygroup.com.

Coming Up In The September Online Hotel Business Review




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Feature Focus
Hotel Group Meetings: Blue Skies Ahead
After a decade of sacrifice and struggle, it seems that hotels and meeting planners have every reason to be optimistic about the group meeting business going forward. By every industry benchmark and measure, 2017 is shaping up to be a record year, which means more meetings in more locations for more attendees. And though no one in the industry is complaining about this rosy outlook, the strong demand is increasing competition among meeting planners across the board – for the most desirable locations, for the best hotels, for the most creative experiences, for the most talented chefs, and for the best technology available. Because of this robust demand, hotels are in the driver’s seat and they are flexing their collective muscles. Even though over 100,000 new rooms were added last year, hotel rates are expected to rise by a minimum of 4.0%, and they are also charging fees on amenities that were often gratis in the past. In addition, hotels are offering shorter lead times on booking commitments, forcing planners to sign contracts earlier than in past years. Planners are having to work more quickly and to commit farther in advance to secure key properties. Planners are also having to meet increased attendee expectations. They no longer are content with a trade show and a few dinners; they want an experience. Planners need to find ways to create a meaningful experience to ensure that attendees walk away with an impactful memory. This kind of experiential learning can generate a deeper emotional connection, which can ultimately result in increased brand recognition, client retention, and incremental sales. The September Hotel Business Review will examine issues relevant to group business and will report on what some hotels are doing to promote this sector of their operations.