The Park Hyatt New York is possibly the most anticipated hotel opening of 2014.
While New York has a lot of luxury hotels, in my experience a vast majority of them are “old world” and past their prime. So having a new, modern, luxurious hotel is exciting. And the fact that you can redeem hotel points for it at a reasonable rate is even more exciting! The Park Hyatt will have just 210 rooms (92 of which will be suites), with the smallest room being 475 square feet. That’s massive by New York City standards.
It will be part of the One57 building, which is a 90 story building at 153 West 57th Street, overlooking Central Park.
Anyway, per the hotel’s website, the Park Hyatt is now accepting reservations for stays starting August 28, 2014. This is a bit later than most were expecting, as they were originally hoping to take reservations for stays starting mid-June. But I’d rather they be realistic about their opening date than set one that’s unrealistic and have a lot of disappointed guests.
Not surprisingly the Park Hyatt New York belongs to Gold Passport’s new Category 7, meaning a free night here costs 30,000 Gold Passport points per night.
Alternatively, if there’s Points + Cash availability, that would cost 15,000 Gold Passport points plus $300 per night. And that stay would count towards status and be eligible for a suite upgrade.
In terms of revenue rates, they seem to start at $775 for the Hyatt Daily Rate around their opening date.
Looking at rates beyond the opening dates, it seems they range anywhere between ~$600 and ~$1,100 per night depending on the day of the week and season. To be honest I thought they’d price much higher than that (not that I’m in a position to pay $600 or more per night, but just in terms of my general observations).
I can’t wait to check out this property!
(Tip of the hat to Dovertime)