The Andrew Hotel

Hotels · New York, NY

Business Summary

The Andrew Hotel is a hotel located at 75 Station Plaza North, Great Neck, NY, 11021 serving travelers and visitors in New York City. With a digital score of 72, 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
Urban commercial/tourist district
Foot Traffic
High — near popular attractions
Parking
No dedicated parking; nearby garage options
Transit Access
Excellent — multiple subway lines within 2 blocks

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Inn at Great Neck
0.48km
31/100
Weak
Medium
Travelodge by Wyndham Manhasset
2.57km
83/100
Strong
Medium
Adria Hotel & Conference Center
4.83km
57/100
Average
Low
Best Western
4.99km
27/100
Weak
Low

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$29M-$44M
Industry Margin26%
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

  • Aging infrastructure requiring renovation
  • Rising labor costs
  • Dependence on tourism and business travel cycles

Opportunities

External potential

  • Develop unique experiential packages
  • Expand direct booking to reduce OTA commissions
  • Add rooftop or restaurant amenities

Threats

External risks

  • Shifting business travel patterns post-COVID
  • Economic downturn reducing travel
  • 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

Create Instagram-worthy spaces for social media exposure

Partner with local experiences and restaurants

Invest in direct booking platform to reduce OTA dependency

Risks to Monitor

Ongoing vigilance

Monitor Airbnb regulation changes in NYC

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 The Andrew Hotel 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 The Andrew Hotel's lobby, generating additional revenue and guest engagement.

3

Corporate Retreat Planning Service

Offer end-to-end corporate event and retreat planning leveraging The Andrew Hotel's facilities and NYC attractions.

Digital Score

72/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable growth post-pandemic; NYC hotel occupancy recovering to 85%+
Digital Score72/100

Contact Info

75 Station Plaza North, Great Neck, NY, 11021, 11021

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