The William

Hotels · New York, NY

Business Summary

The William is a hotel located at 24 East 39th Street, New York, NY, 10016 serving travelers and visitors in New York City. With a digital score of 38, there is significant opportunity to improve online visibility and direct booking capabilities. Enhancing digital marketing could help capture more of NYC's robust hospitality demand.

Location & Competitors

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Neighborhood
Upscale commercial district
Foot Traffic
High — busy Manhattan street
Parking
No on-site parking; public garages within 2 blocks
Transit Access
Excellent — multiple subway lines within 2 blocks

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Pestana Park Avenue
0m
84/100
Strong
High
Madison Towers Hotel
0.16km
50/100
Average
Medium
70 Park Avenue Hotel
0.16km
61/100
Average
High
The Kitano New York
0.16km
63/100
Average
High

Competitive Summary

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

Financial Estimates

Financial Overview

Estimated Value$39M-$54M
Industry Margin32%
Entry Cost$24M-$44M (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
  • High operating costs in NYC
  • Dependence on tourism and business travel cycles

Opportunities

External potential

  • Pursue sustainability certifications
  • Develop unique experiential packages
  • Leverage social media and influencer partnerships

Threats

External risks

  • New hotel developments increasing supply
  • Economic downturn reducing travel
  • 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

Partner with local experiences and restaurants

Develop loyalty program to increase repeat stays

Invest in direct booking platform to reduce OTA dependency

Risks to Monitor

Ongoing vigilance

Watch for new hotel developments in the area

Monitor Airbnb regulation changes in NYC

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Hotel Experience Concierge App

A mobile app connecting The William 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 William's lobby, generating additional revenue and guest engagement.

3

Corporate Retreat Planning Service

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

Digital Score

38/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendStable growth post-pandemic; NYC hotel occupancy recovering to 85%+
Digital Score38/100

Contact Info

24 East 39th Street, New York, NY, 10016, 10016
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