The Parc Hotel

Hotels · New York, NY

Business Summary

The Parc Hotel is a hotel located in 39-16 College Point Boulevard, New York, NY, 11354. 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
Business district
Foot Traffic
High
Parking
No on-site parking
Transit Access
Excellent subway access
Nearby Landmarks
cultural venuesparks

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
John Hotel
0.16km
53/100
Average
High
Sky Hotel
0.32km
72/100
Strong
High
Asiatic Hotel
0.32km
55/100
Average
High
Ramada Flushing
0.48km
79/100
Strong
High

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$1299K
Industry Margin21%
Entry Cost$9M

Market Analysis

Market Size$15B+ NYC hospitality sector
TrendBoutique hotels growing in demand
SeasonalityPeak summer and holiday season

Consumer Trends

Bleisure travel growing

SWOT Analysis

Strengths

Internal advantages

  • Quality amenities
  • Repeat guest loyalty

Weaknesses

Areas for improvement

  • Aging property
  • Dependence on tourism

Opportunities

External potential

  • Launch loyalty program
  • Partner with local experiences

Threats

External risks

  • Economic recession impact
  • Travel disruptions

Strategic Recommendations

Quick Wins

Implement this week

Optimize OTA listings and photos

Add direct booking incentives

Growth Strategies

1-3 months

Add rooftop or lounge venue

Create local tour partnerships

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 The Parc Hotel guests, partnering with nearby attractions and restaurants.

2

Pop-up co-working hotel concept

Transform underutilized spaces at The Parc Hotel into bookable co-working areas for remote professionals.

Digital Score

63/ 100
Good

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendBoutique hotels growing in demand
Digital Score63/100

Contact Info

39-16 College Point Boulevard, New York, NY, 11354, 11354
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