EVEN Hotel Midtown East

Hotels · New York, NY

Business Summary

EVEN Hotel Midtown East is a hotel located at 219 East 44th Street, New York, NY, 10017 serving travelers and visitors in New York City. With a digital score of 36, there is significant opportunity to improve online visibility and direct booking capabilities. Enhancing digital marketing could help capture more of NYC's robust hospitality demand.

Location & Competitors

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Neighborhood
Urban entertainment district
Foot Traffic
High — busy Manhattan street
Parking
No on-site parking; public garages within 2 blocks
Transit Access
Excellent — multiple subway lines within 2 blocks

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Club Wyndham
0.16km
72/100
Strong
High
United Nations Apartment Hotel
0.16km
68/100
Average
High
Fitzpatrick Grand Central Hotel
0.32km
73/100
Strong
High
The Westin New York
0.32km
48/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 2 digitally strong competitors nearby.

Financial Estimates

Financial Overview

Estimated Value$58M-$73M
Industry Margin26%
Entry Cost$27M-$47M (acquisition/renovation)

Market Analysis

Market Size$15-20 billion NYC hotel market
TrendStable growth post-pandemic; NYC hotel occupancy recovering to 85%+
SeasonalityPeak: Sep-Dec, Apr-Jun; Moderate: Jul-Aug; Low: Jan-Mar

Consumer Trends

Rise of experiential stays, boutique preferences, mobile-first booking, sustainability focus

SWOT Analysis

Strengths

Internal advantages

  • Prime New York City location
  • Strong year-round tourism demand
  • Brand recognition in competitive market
  • Proximity to major attractions and transit

Weaknesses

Areas for improvement

  • Aging infrastructure requiring renovation
  • Dependence on tourism and business travel cycles
  • High operating costs in NYC

Opportunities

External potential

  • Add rooftop or restaurant amenities
  • Target emerging remote-work extended stays
  • Expand direct booking to reduce OTA commissions

Threats

External risks

  • Rising real estate taxes and regulations
  • Shifting business travel patterns post-COVID
  • New hotel developments increasing supply

Strategic Recommendations

Quick Wins

Implement this week

Optimize Google Business Profile and TripAdvisor listings

Implement dynamic pricing strategy

Launch email remarketing campaigns for past guests

Growth Strategies

1-3 months

Add co-working spaces for digital nomads

Invest in direct booking platform to reduce OTA dependency

Develop loyalty program to increase repeat stays

Risks to Monitor

Ongoing vigilance

Watch for new hotel developments in the area

Prepare contingency for travel demand fluctuations

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Hotel Experience Concierge App

A mobile app connecting EVEN Hotel Midtown East guests with curated local experiences, restaurant reservations, and exclusive NYC events.

2

Pop-up Retail in Hotel Lobby

Partner with local artisans and brands to create rotating pop-up shops in EVEN Hotel Midtown East's lobby, generating additional revenue and guest engagement.

3

Corporate Retreat Planning Service

Offer end-to-end corporate event and retreat planning leveraging EVEN Hotel Midtown East's facilities and NYC attractions.

Digital Score

36/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable growth post-pandemic; NYC hotel occupancy recovering to 85%+
Digital Score36/100

Contact Info

219 East 44th Street, New York, NY, 10017, 10017

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