NEW YORK – Hilton (NYSE: HLT) announced today the reopening of the 478-room Hilton New York Times Square, owned by Affiliates and/or funds managed by affiliates of Newbond Holdings, The Witkoff Group, and Apollo Global Management, Inc. and managed by Hilton. The reopening of Hilton New York Times Square represents Hilton’s commitment and continued growth in the market.
“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 neighborhood,” said Danny Hughes, executive vice president and president, Americas, Hilton.
Enviably located on 42nd Street in the heart of Times Square and easily accessible from Grand Central, Penn Station and several Subway lines, Hilton New York Times Square is within steps of dozens of Broadway and off-Broadway shows, attractions and Restaurant Row. Soaring 44 stories above Times Square with some of the largest standard size rooms in the neighborhood, guests will enjoy incredible skyline and Hudson River views, with select rooms looking out to the iconic New Year’s Eve ball drop. Guests looking to continue their fitness routine on the road can stop by the fitness center, complete with Peloton bikes.
Part of the Hilton Hotels & Resorts portfolio, the property features three dining concepts, including Restaurant Above serving a daily breakfast buffet and a grab-and-go market featuring salads and sandwiches. Opening later this year is Pinnacle Bar, perfect for a nightcap with late-night snacks overlooking Times Square.
The pet-friendly Hilton New York Times Square participates in Hilton Honors, the award-winning guest loyalty program for Hilton’s 18 world-class brands. Members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount and free standard Wi-Fi. Members also have access to contactless technology exclusively through the industry-leading Hilton Honors app. Plus, with the Double Your Stay promotion, members can earn 2x Points on eligible stays, plus 2,000 Bonus Points, when checking out between Monday and Friday through Dec. 31, 2022. Members can register here or join Hilton Honors for free by enrolling online at www.hiltonhonors.com.
Hilton New York Times Square is located at 234 West 42nd Street, New York, New York 10036. For reservations, please visit Hilton.com or call (212) 913-9488.
Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 18 world-class brands comprising more than 7,000 properties and more than 1.1 million rooms, in 123 countries and territories. Dedicated to fulfilling its founding vision to fill the earth with the light and warmth of hospitality, Hilton has welcomed more than 3 billion guests in its more than 100-year history, earned a top spot on Fortune's 100 Best Companies to Work For list and been recognized as a global leader on the Dow Jones Sustainability Indices for five consecutive years. Hilton has introduced several industry-leading technology enhancements to improve the guest experience, including Digital Key Share, automated complimentary room upgrades and the ability to book confirmed connecting rooms. Through the award-winning guest loyalty program Hilton Honors, the nearly 146 million members who book directly with Hilton can earn Points for hotel stays and experiences money can't buy. With the free Hilton Honors app, guests can book their stay, select their room, check in, unlock their door with a Digital Key and check out, all from their smartphone. Visit stories.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram and YouTube.
About Hilton Hotels & Resorts
For over a century, Hilton Hotels & Resorts has set the benchmark for hospitality around the world, providing new product innovations and services to meet guests' evolving needs. With more than 600 hotels across six continents, Hilton Hotels & Resorts properties are located in the world’s most sought-after destinations for guests who know that where they stay matters. Experience a positive stay at Hilton Hotels & Resorts by booking at hiltonhotels.com or through the industry-leading Hilton Honors app. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits. Learn more about Hilton Hotels & Resorts at stories.hilton.com/hhr, and follow the brand on Facebook, Twitter and Instagram.
About Newbond Holdings
Newbond Holdings, based in New York, is an investment platform focused on debt and equity investments across multiple real estate product types as well as strategic investments in operating businesses. Founded by Neil Luthra and Vann Avedisian in 2021, the Newbond team has invested over $15 billion in real estate assets (hospitality, residential and mixed use) as well as related operating and technology companies, generating industry leading returns for its institutional and private partners. Newbond’s team also has deep experience in creating and operating hospitality assets and brands. The principals of Newbond have existing ownership interest in over twenty full-service hotels across the country, including in New York City, as well as a multifamily portfolio of over 4,000 units in the Northeast.
About The Witkoff Group
Witkoff is a privately held, global real estate development and investment firm headquartered in New York and Miami. Founded by Steven Witkoff in 1997, the firm is a market leader in the ownership in major cities both in the United States and abroad. The company prides itself on identifying and acquiring undervalued properties in CBD locations and repositioning assets in emerging markets. Through affiliate companies they have in-house management, leasing, and construction capabilities.
Over the last 30 years, Witkoff has completed over 100 transactions totaling ~30 million square feet, various hotels and over 12,000 residential units, representing a total cost exceeding $30 billion. Witkoff has a proven track record executing ground-up and large renovation projects in major urban Markets, including the 150 Charles Street (NYC), 10 Madison Square West (NYC), 111 Murray Street (NYC), PUBLIC Hotel and Residences (NYC), Park Santa Monica, Hilton Cabana Miami Beach, Park Lane Hotel (NYC), West Hollywood Edition Hotel & Residences, Times Square Edition (NYC) and 10 Hanover Square (NYC).