News

New York City’s hotel market is showing signs of life following the trade of a Hilton Garden Inn in Chelsea. Investor Raymond Chau acquired the 169-key property at 121 West 28th Street for $49.9 ...
Hotel owner DiamondRock Hospitality (NYSE: DRH) has bought the 169-room Hilton Garden Inn Chelsea hotel in New York City for $68.4m, its third hotel purchase in the city. The purchase price represents ...
Joe Moinian is making a last-minute attempt to stop a Uniform Commercial Code auction of his Midtown Hilton Garden Inn.
The Hilton Garden Inn in Midtown was sold at a foreclosure auction Tuesday after developer Joseph Moinian failed to persuade ...
The Hilton Garden Inn also has a lot more competition than when it opened. Since 2014 the number of hotel rooms in New York has jumped by nearly a third, to 136,000, according to city data.