The Park Hyatt New York Makes It Too Easy

Discussion in 'Blogstand' started by BoardingArea, Sep 18, 2014.  |  Print Topic

  1. BoardingArea

    BoardingArea News Feed

    Likes Received:
    Status Points:
    One of the most talked about hotel openings was the Park Hyatt in New York City. Since the Park Hyatt is Hyatt’s top brand, it was always strange to me that they left New York City without one for so long. But, finally, they opened in August and it has been a hit so far. It is definitely not cheap, though, whether you plan to pay with cash or points. Park Hyatt New York The High Cost The Park Hyatt New York is an expensive hotel, in fact the most expensive hotel to be built in the city with a cost coming in at $375 million! That works out to a per key investment of $1.8 million. Because of that high cost, you know that they need to charge some high rates to recoup that amount. To help make a profit on that investment, their base room – the Park King – has a cost just below $900 before tax. After tax, it comes in at just over $1,000! If... The post The Park Hyatt New York Makes It Too Easy appeared first on Running with Miles.

    Continue reading...

Share This Page