EVEN Hotel New York - Times Square South

Hotels · New York, NY

Business Summary

EVEN Hotel New York - Times Square South is a hotel located at 321 West 35th Street, New York, NY, 10018 serving travelers and visitors in New York City. With a digital score of 42, 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 commercial/tourist district
Foot Traffic
Very high — major tourist corridor
Parking
No on-site parking; public garages within 2 blocks
Transit Access
Excellent — major transit hub adjacent

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Crowne Plaza HY36 Midtown Manhattan
0m
74/100
Strong
High
New Yorker by Lotte Hotels
0.16km
55/100
Average
High
TRYP
0.16km
41/100
Weak
Medium
Staypineapple
0.16km
46/100
Average
Medium

Competitive Summary

Showing 4 of 4 competitors within 5km. There are 1 digitally strong competitors nearby.

Financial Estimates

Financial Overview

Estimated Value$28M-$43M
Industry Margin19%
Entry Cost$13M-$33M (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

  • Intense competition from numerous hotels
  • Limited parking options
  • High operating costs in NYC

Opportunities

External potential

  • Pursue sustainability certifications
  • Add rooftop or restaurant amenities
  • Leverage social media and influencer partnerships

Threats

External risks

  • New hotel developments increasing supply
  • Short-term rental competition (Airbnb)
  • Rising real estate taxes and regulations

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

Create Instagram-worthy spaces for social media exposure

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

Monitor Airbnb regulation changes in NYC

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Hotel Experience Concierge App

A mobile app connecting EVEN Hotel New York - Times Square South 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 New York - Times Square South'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 New York - Times Square South's facilities and NYC attractions.

Digital Score

42/ 100
Fair

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable growth post-pandemic; NYC hotel occupancy recovering to 85%+
Digital Score42/100

Contact Info

321 West 35th Street, New York, NY, 10018, 10018
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