Legacy Living’s Post

Where’s the New York City Hotel Market? Apparently showing ongoing signs of recovery… 1 Hotel Central Park sold yesterday for just above $1 million per key. According to New York City sales records from 2023 and 2024, upper-end hotels (Mondrian, The William Vale, and 1 Hotel Central Park) are trading between $800K and $1 million per room. Mid-market properties (like Hampton Inn, Hilton Garden Inn, and Doubletree) ranged from $400K to $600K per room. Distressed sales (the Roger Smith, Row NYC) were around $200K per key. Is the landscape shifting? What are your thoughts? #NewYork #Hotel #Hospitality #RealEstate #PrivateEquity

🎤According to Google and AI and also written in Some books that read. 🏅 "Father of the Hospitality Industry" is often attributed to Ellsworth Statler, an American hotelier who significantly shaped the modern hotel industry. Statler is known for his innovative ideas and contributions that revolutionized hotel operations in the early 20th century. He introduced numerous concepts that are now standard in the industry, such as private bathrooms in each guest room, free morning newspapers, and uniformed bellhops. His Statler Hotels became synonymous with luxury, comfort, and efficiency, setting new hospitality and guest service standards. #HospitalityIndustry #EllsworthStatler #HotelInnovator #FatherOfHospitality #HospitalityPioneer #HotelManagement #HospitalityHistory #IndustryLeader #HotelierLegend #ModernHospitality #GuestServices #HotelStandards #LuxuryHotels #HospitalityInnovation #TravelHistory

Lobby is almost done at the Hotel we are doing in Miami , Florida. #hotelservices #hotelrenovation #hotelconstruction #hotelinteriors #hotelforsale #hotel #hotelinvestments #hotelfurniture #hotelsupplies #multifamilyconstruction #multifamily #propertymanagement

understanding of hotel stars...

I'm really passionate about the topic of bringing the true essence of HOSTING back to hospitality. In my opinion, we have gotten carried away with modernity and it's time to bring balance to the way we create hotel experiences. 📽 on stage at The Boutique Hotel Investment Conference by BLLA - Boutique Lifestyle Lodging Association #boutiquehotelinvestment #hoteliers #hotelinvestment #commercialrealestate #hoteltechnology #hospitalitytechnology

There will be a significant reduction in the number of hotel rooms on the #LasVegasStrip this year. However, an impact on hotel performance isn't expected. Big swings in hotel additions and closures/demolitions are not uncommon in this destination. Thank you, Michael Petrivelli, for including insights on the impact of the closures on retail. #hotelpipeline #hotelconstruction #LasVegas

Day 83 of my #hotelquotes365challenge ‘Don’t try to tell the customer what he wants. If you want to be smart, be smart in the shower. Then get out, go to work and serve the customer!’ - Gene Buckley #famoushoteliers #hotelexplorer_net #hospitality #hotels #hoteliers #themostfamoushoteliersofalltime #hotelservice #serviceexcellence #luxuryhospitality

Hotel brands are turning their properties into must visit destinations using historical landmarks, marble decorations, and once in a lifetime window scenery. Learn more about this new innovation in hospitality with an article by AFAR Media. https://buff.ly/3Ul9hE3 #AFARMedia #Hotel #HotelDestinations #Hospitality #ShopTalk2020

Learn more about hotel pillows and avoid buying the ones that go flat easily: https://lnkd.in/dpGJSJe2 . . . . . #hotelpillows #whitepillows #hotelcollectionpillows #WholesaleHotelPillows #hotelbedding #hoteltextiles #hospitalityBlog #hospitalitysupplies #hotelsupplies #USA #dzeetextiles #dzeeusa

🚀 Dive into Success with Heads on Pillows & Hotel Vera Ballarat! 🚀 We're excited to showcase our latest case study featuring our ongoing collaboration with Hotel Vera in Ballarat. Our specialist accommodation digital marketing strategies have driven remarkable results, including a significant increase in direct bookings, enhanced online visibility, and a stronger digital footprint that captures the essence of boutique luxury. Thanks to the innovative vision of founders Martin S. and David Cook-Doulton, Hotel Vera stands as a testament to what happens when design, art, and luxury meet. Their dedication has not only created a world-class luxury hotel but also set a new standard in hospitality excellence for regional Victoria. For those who cherish design, art, and the essence of boutique luxury, Hotel Vera is a must-visit. Our case study details the journey and strategies behind these incredible results, showcasing the power of targeted digital marketing in the hospitality industry. 🔗 Explore the full case study below to see how we transformed Hotel Vera's digital presence and helped them achieve measurable success 🔗 A special thank you to Martin and David for their trust and partnership. Your vision has inspired us, and we're honored to be a part of Hotel Vera's ongoing success story. If you're visiting Ballarat, Hotel Vera is a must-stay. With their recent launch of Babae, already setting the standard for Ballarat's best fine dining and culinary experience, this remarkable hotel should be on the top of your list! #DigitalMarketing #HospitalityMarketing #HotelVera #CaseStudy #SuccessStory #BoutiqueHotel #LuxuryTravel"