Homewood Suites by Hilton

Hotels · New York, NY

Business Summary

Homewood Suites by Hilton is a hotel located at 312 West 37th Street, New York, NY, 10018 serving travelers and visitors in New York City. With a digital score of 83, the property maintains a solid online presence across major booking platforms. The hotel benefits from New York's year-round tourism demand and strong corporate travel market.

Location & Competitors

Loading map...
Neighborhood
Urban commercial/tourist district
Foot Traffic
Very high — major tourist corridor
Parking
No dedicated parking; nearby garage options
Transit Access
Good — subway station within 5-minute walk

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Staypineapple
0.16km
46/100
Average
Medium
Crowne Plaza HY36 Midtown Manhattan
0.16km
74/100
Strong
High
Hotel Central Times Square
0.16km
57/100
Average
High
EVEN Hotel New York - Times Square South
0.16km
42/100
Weak
Medium

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$77M-$92M
Industry Margin23%
Entry Cost$49M-$69M (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

  • High operating costs in NYC
  • Intense competition from numerous hotels
  • Dependence on tourism and business travel cycles

Opportunities

External potential

  • Expand direct booking to reduce OTA commissions
  • Pursue sustainability certifications
  • Leverage social media and influencer partnerships

Threats

External risks

  • Shifting business travel patterns post-COVID
  • Rising real estate taxes and regulations
  • Short-term rental competition (Airbnb)

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

Develop loyalty program to increase repeat stays

Create Instagram-worthy spaces for social media exposure

Partner with local experiences and restaurants

Risks to Monitor

Ongoing vigilance

Monitor Airbnb regulation changes in NYC

Watch for new hotel developments in the area

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Hotel Experience Concierge App

A mobile app connecting Homewood Suites by Hilton 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 Homewood Suites by Hilton's lobby, generating additional revenue and guest engagement.

3

Corporate Retreat Planning Service

Offer end-to-end corporate event and retreat planning leveraging Homewood Suites by Hilton's facilities and NYC attractions.

Digital Score

83/ 100
Excellent

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable growth post-pandemic; NYC hotel occupancy recovering to 85%+
Digital Score83/100

Contact Info

312 West 37th Street, New York, NY, 10018, 10018
Most popular

Unlock Full Analysis

Only 12% of businesses in this area have a growth strategy. Get a 20+ page deep-dive for Homewood Suites by Hilton — financials, competitors, and a step-by-step action plan.

Coming soon • Instant delivery in 5 minutes • Money-back guarantee