Hyatt Centric Times Square

Hotels · New York, NY

Business Summary

Hyatt Centric Times Square is a hotel located in 135 West 45th Street, New York, NY, 10036. It provides accommodation services to travelers and visitors in the New York area. The property has established a solid reputation among guests.

Location & Competitors

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Neighborhood
Tourist district
Foot Traffic
Very High
Parking
Limited parking available
Transit Access
Airport shuttle available
Nearby Landmarks
business districttransit hub

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
45 Times Square Hotel
0m
48/100
Average
Medium
The Muse New York
0m
70/100
Strong
High
Night Theater District
0m
52/100
Average
High
Millennium Premier Hotel New York Times Square
0.16km
49/100
Average
Medium

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$15M
Industry Margin31%
Entry Cost$2M

Market Analysis

Market Size$15B+ NYC hospitality sector
TrendExperience-focused stays trending
SeasonalityYear-round with convention peaks

Consumer Trends

Unique experiences over amenities

SWOT Analysis

Strengths

Internal advantages

  • Strong brand recognition
  • Good online reviews

Weaknesses

Areas for improvement

  • Limited room inventory
  • Limited parking

Opportunities

External potential

  • Add co-working spaces
  • Target corporate retreats

Threats

External risks

  • Airbnb and short-term rentals
  • Travel disruptions

Strategic Recommendations

Quick Wins

Implement this week

Improve Google Business Profile

Add direct booking incentives

Growth Strategies

1-3 months

Add rooftop or lounge venue

Develop corporate partnership program

Risks to Monitor

Ongoing vigilance

Monitor Airbnb regulatory changes

Maintain property standards

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Hotel experience marketplace

Create a curated local experience platform for Hyatt Centric Times Square guests, partnering with nearby attractions and restaurants.

2

Pop-up co-working hotel concept

Transform underutilized spaces at Hyatt Centric Times Square into bookable co-working areas for remote professionals.

Digital Score

65/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendExperience-focused stays trending
Digital Score65/100

Contact Info

135 West 45th Street, New York, NY, 10036, 10036

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