Ramada Long Island City

Hotels · New York, NY

Business Summary

Ramada Long Island City is a hotel located at 38-30 Crescent Street, New York, NY, 11101 serving travelers and visitors in New York City. With a digital score of 82, 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

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Neighborhood
Mixed-use urban core
Foot Traffic
High — busy Manhattan street
Parking
Valet parking available
Transit Access
Excellent — major transit hub adjacent

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
The Boro Hotel
0.16km
77/100
Strong
High
Lotus BLU Inn & Suites
0.16km
29/100
Weak
Medium
Vista LIC Hotel
0.16km
70/100
Strong
High
Nesva Hotel
0.32km
40/100
Weak
Medium

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$69M-$84M
Industry Margin26%
Entry Cost$47M-$67M (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
  • Aging infrastructure requiring renovation
  • High operating costs in NYC

Opportunities

External potential

  • Expand direct booking to reduce OTA commissions
  • Develop unique experiential packages
  • Target emerging remote-work extended stays

Threats

External risks

  • Shifting business travel patterns post-COVID
  • 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

Develop loyalty program to increase repeat stays

Partner with local experiences and restaurants

Create Instagram-worthy spaces for social media exposure

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 Ramada Long Island City 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 Ramada Long Island City's lobby, generating additional revenue and guest engagement.

3

Corporate Retreat Planning Service

Offer end-to-end corporate event and retreat planning leveraging Ramada Long Island City's facilities and NYC attractions.

Digital Score

82/ 100
Excellent

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable growth post-pandemic; NYC hotel occupancy recovering to 85%+
Digital Score82/100

Contact Info

38-30 Crescent Street, New York, NY, 11101, 11101

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