Truss Hotel Times Square

Hotels · New York, NY

Business Summary

Truss Hotel Times Square is a hotel located in 515 9th Avenue, New York, NY, 10018. It provides accommodation services to travelers and visitors in the New York area. There is significant opportunity to enhance its online visibility and booking presence.

Location & Competitors

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Neighborhood
Mixed-use urban
Foot Traffic
High tourist traffic
Parking
No on-site parking
Transit Access
Airport shuttle available
Nearby Landmarks
tourist attractionsrestaurants

Competitive Landscape

BusinessDistanceDigital ScoreThreat Level
Arlo
0.16km
58/100
Average
High
tba
0.16km
63/100
Average
High
DoubleTree by Hilton Hotel
0.16km
36/100
Weak
Medium
Candlewood Suites
0.16km
59/100
Average
High

Competitive Summary

Showing 4 of 4 competitors within 5km.

Financial Estimates

Financial Overview

Estimated Value$2578K
Industry Margin21%
Entry Cost$14M

Market Analysis

Market Size$8B Manhattan lodging market
TrendExtended stay demand increasing
SeasonalityYear-round with convention peaks

Consumer Trends

Remote work-friendly stays

SWOT Analysis

Strengths

Internal advantages

  • High occupancy rates
  • Repeat guest loyalty

Weaknesses

Areas for improvement

  • Aging property
  • Price competition

Opportunities

External potential

  • Expand event hosting
  • Partner with local experiences

Threats

External risks

  • New hotel openings
  • Rising operational costs

Strategic Recommendations

Quick Wins

Implement this week

Optimize OTA listings and photos

Add direct booking incentives

Growth Strategies

1-3 months

Launch boutique experience packages

Create local tour partnerships

Risks to Monitor

Ongoing vigilance

Track new hotel supply in area

Maintain property standards

Startup Ideas

AI-generated business opportunities inspired by this analysis

1

Hotel experience marketplace

Create a curated local experience platform for Truss Hotel Times Square guests, partnering with nearby attractions and restaurants.

2

Pop-up co-working hotel concept

Transform underutilized spaces at Truss Hotel Times Square into bookable co-working areas for remote professionals.

Digital Score

36/ 100
Poor

Quick Stats

Competitors4
Est. RevenueN/A
Market TrendExtended stay demand increasing
Digital Score36/100

Contact Info

515 9th Avenue, New York, NY, 10018, 10018
Used by 200+ businesses

What Top Competitors Already Know

See exactly how Truss Hotel Times Square stacks up: revenue projections, competitive blind spots, and 3 growth opportunities other businesses in this market are already using.

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