Hilton has reopened its hotel on New York’s 42 Street close to Times Square, following a change in ownership earlier this year.
Hilton New York Times Square closed in April 2020 when then owner Sunstone Hotel Investors Inc defaulted on a loan, and has remained shut until now.
The Wall Street Journal (WSJ) reported in June that an agreement had been reached for investment firm Apollo Global Management Inc and hospitality investor Newbond Holdings to purchase the property “for about $85 million”.
The 478-room hotel features a fitness centre with Peleton bikes, and the 21st floor Restaurant Above for buffet breakfast. Pinnacle Bar is also set to open later this year overlooking Times Square.
It’s not clear if any refurbishment works have been carried out during the two and a half year closure – Business Traveller has contacted Hilton for clarification.
“This is an incredibly vibrant time of year in New York, and the reopening of Hilton New York Times Square demonstrates our confidence in the resurgence of this iconic neighbourhood,” said Danny Hughes, executive vice president and president, Americas, Hilton.
WSJ said data showed that a total of 44 New York City hotels had permanently closed their doors as a result of the Covid-19 pandemic, equating to more than 10,500 rooms.
Hilton recently announced plans to debut its lifestyle Tempo by Hilton in the city next year.
The 661-room hotel will be located in TSX Broadway, a purpose-built 46-storey entertainment and hotel tower at 47th Street and Broadway which will also house The Palace Theatre, a permanent outdoor stage and the “first and only full-building LED facade system in New York”.