Home
Learn More
Search Archives
Business Wire News
Business Wire Services
July 4, 2008
 
Industry Categories  
News by Country  
News by MSA  
Todays News  
Browse by Day  
PR Trackbacks™  
ViewNews™  
RSS  
 
EON: Enhanced Online News. Powerful technology and tools to help optimize your news content and enhance online visibility for major search engines.
A key component to your social networking and viral marketing strategy. In partnership with industry leader PRWeb.
 
All Press Releases for May 12, 2008 Subscribe to this News Feed      
 

Renovations Nearing Completion on Impulsive Groups Broadway Hotel & Hostel

New Boutique Hostel Concept Introduced to New York City

NEW YORK (Business Wire EON) May 12, 2008 -- Hotel and real estate development company the Impulsive Group is nearing completion on the renovation of its Broadway Hotel & Hostel located on Manhattans Upper West Side. When construction wraps up in June, the 37,000 square foot property at 101st and Broadway will offer guests a boutique designer hostel experience, providing upscale hotel amenities and services within a fashionable, contemporary setting, with beds starting at as low as $18 per night.

Yet even with the explosion of the category, hostels remain uninspired, typically offering an unexceptional experience to go along with the sparse décor. We think we've succeeded in raising the bar.
Guests are already enjoying new amenities such as a 2,500 square foot recreational common area that includes a surround-sound theater room with couches and plasma screen TVs, popular on Fridays movie night, which feature recently released movies in hi-definition. There is also a library with modern, comfortable seating, a meeting room/living room with another flat screen TV and fireplace, an area with eight computer kiosks, a kitchen (complete with microwaves and refrigerators) and a dining room conducive to communal eating. The lobby will have an expanded front desk area with espresso and cappuccino service.

News Image To create the hostels new look and feel, hotel owner Hank Freid enlisted the help of Gonzalo Bustamante, principal and owner of Seed Design Inc. As a professional in hospitality design, with notable clients such as Tishman Hotel Corporation, MGM hotel and casinos, and Planet Hollywood International, Bustamante has fashioned a peaceful and relaxed environment through careful selection of materials and lighting. We wanted to create an overall Zen feeling, soft to the touch and experience, but also realized hostel spaces must be tough enough to handle high traffic on a daily basis, says Bustamante, noting that he had to find and use indestructible carpet, stone and wall coverings. The guest lounge and facilities have exposed brick walls, accent lighting from glass chandeliers, cherry-wood finishing throughout and Asian inspired artwork. Wanting to infuse new life to the check-in experience, he opened up the space and introduced a desk that is more of an object rather than a piece of furniture.

Hostels are very popular everywhere outside the United States but I think that notion may finally be changing, and the age of the average traveler is getting younger as well, explains Bustamante. Demand is on the rise nationally for more affordable rooms that still offer a great lifestyle experience, and Broadway Hotel & Hostel is setting the tone for this trend.

With over 400 beds throughout the 125 rooms (25 of these are private for groups and families), Broadway Hotel & Hostel has completely renovated all of the dormitory rooms adding such comforts as European bed linens, ceiling fans, in-room vanities, tiled floors, and a Mediterranean color palette. Dormitory rooms have only four-to-six beds, versus the hostel norm of 8-10 beds. The private rooms were also upgraded, and now boast down comforters, down pillows, Ecco-natural bath products, shower massage heads and Asian-influenced furniture. Additionally, the hostel has added guest laundry facilities and guest storage lockers.

Even with all these great amenities newly added, prices at The Broadway Hotel and Hostel are not increasing. The average price for a bed will remain at $18-$35 per night ($99-$189 for a private room).

The average hotel price per night in Manhattan has become untenable to so many, which is why we are seeing more hostels than ever before, says Impulsive CEOs Freid, noting there are over 50 hostels in Manhattan, up from about 12 just a few years ago. Yet even with the explosion of the category, hostels remain uninspired, typically offering an unexceptional experience to go along with the sparse décor. We think weve succeeded in raising the bar.

More about Broadway Hotel & Hostel

Broadway Hotel & Hostel is surrounded by over 50 different restaurants within a three-block radius, including Sookk, a Thai restaurant, which recently opened across the street at Marrakech Hotel NYC, a boutique Moroccan-themed hotel also owned by Impulsive Group. Steps away are Central Park, Columbia University, and the Cathedral of St. John the Divine, the worlds largest gothic chapel. Two blocks away is the subway for easy commuting. For more information, please call 212-865-7710 or www.broadwayhotelnyc.com.

More about the Impulsive Group:

The Impulsive Group specializes in luxurious and designer hospitality real estate. The hotel group is currently developing a four-star boutique hotel at 47th Street and Times Square, to be called Sanctuary, and recently completed a renovation of its Marrakech Hotel NYC on the Upper West Side. Other New York City projects include the expansion of the Ameritania hotel at 54th and Broadway. Impulsive Group also owns several charter yachts a 120-foot Norship in the Mediterranean and an 82-foot Sunseeker Predator in the Caribbean and the Bahamas. The company is currently looking to expand their luxury holdings in New York and Florida, including the purchase of additional hotel properties. They are also exploring acquisition opportunities in San Francisco, Boston, Tahiti and the Dominican Republic.

For additional information about Impulsive Group, call 212-247-2211 or www.impulsivegroup.com.

MULTIMEDIA GALLERY

http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5680437

Post Comment:
Trackback URL: http://eon.businesswire.com/pingpr.php/SW5zZS1UaGlyLU1hZ24tU3F1YS1DcmFzLVplcm8=

Technorati Tags

Bookmark -  Del.icio.us | Digg | Furl It | Spurl | RawSugar | Simpy | Shadows | Blink It | My Web



OPTIONS
Printer Friendly Version
Download PDF Version
Download Reader Version
Email this story to a colleague
CONTACT INFORMATION

Rubenstein Associates, Inc.
Robin Dolch, 212-843-8282
rdolch@rubenstein.com
or
Christina Brodzky, 212-843-9258
cbrodzky@rubenstein.com

ATTACHED FILES

BWAttachment935814-6.jpg

BWAttachment935814-6.jpg
Broadway Hotel & Hostel\'s Renovation into \"Boutique\" Hostel Nearing Completion (Photo: Business Wire)

BWAttachment935814-3.jpg

BWAttachment935814-3.jpg

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases, please contact the company listed in the press release (see "Contact Information" in the right hand navigation panel). Please do not contact Business Wire or PRWeb®, as we will be unable to assist you with your inquiry.

Business Wire and PRWeb® disclaim responsibility for all content contained in these releases. Our complete disclaimer appears here.
 

About Us   |   Contact Us   |   Privacy Statement   |   Terms of Use (Updated)   |   © Business Wire 2006