Residence Inn New York Manhattan/Central Park

Hotels · New York, NY

Business Summary

Residence Inn New York Manhattan/Central Park is a hotel located in 1717 Broadway, New York, NY, 10019. 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
Upscale residential
Foot Traffic
High
Parking
Valet parking available
Transit Access
Near major transit hub
Nearby Landmarks
convention centershopping district

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Courtyard New York Manhattan/Central Park
0m
46/100
Average
Medium
Ameritania at Times Square
0m
33/100
Weak
Medium
Dream Midtown
0.16km
72/100
Strong
High
Moderne Hotel
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$10M
Industry Margin27%
Entry Cost$14M

Market Analysis

Market Size$8B Manhattan lodging market
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

  • Aging property
  • Dependence on tourism

Opportunities

External potential

  • Add co-working spaces
  • Enhance digital booking

Threats

External risks

  • Airbnb and short-term rentals
  • Travel disruptions

Strategic Recommendations

Quick Wins

Implement this week

Improve Google Business Profile

Respond to all online reviews

Growth Strategies

1-3 months

Launch boutique experience packages

Create local tour partnerships

Risks to Monitor

Ongoing vigilance

Track new hotel supply in area

Watch tourism trend shifts

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Hotel experience marketplace

Create a curated local experience platform for Residence Inn New York Manhattan/Central Park guests, partnering with nearby attractions and restaurants.

2

Pop-up co-working hotel concept

Transform underutilized spaces at Residence Inn New York Manhattan/Central Park into bookable co-working areas for remote professionals.

Digital Score

69/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendExperience-focused stays trending
Digital Score69/100

Contact Info

1717 Broadway, New York, NY, 10019, 10019
Used by 200+ businesses

What Top Competitors Already Know

See exactly how Residence Inn New York Manhattan/Central Park stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

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