Company Announcements

Thompson Central Park New York Debuts in Midtown Manhattan

Guests are welcomed to the new Thompson Central Park New York, offering contemporary luxury stays with sophisticated flair steps from Midtown’s main attractions

CHICAGO--(BUSINESS WIRE)--Nov. 1, 2021-- Hyatt Hotels Corporation (NYSE: H) announced today the opening of Thompson Central Park New York from award-winning lifestyle hospitality brand, Thompson Hotels. Located steps from the southern edge of Central Park on West 56th Street between Sixth and Seventh Avenues, Thompson Central Park New York opens in the former space of the Parker New York.

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Thompson Central Park New York Deluxe King Guestroom (Photo: Business Wire)

Thompson Central Park New York Deluxe King Guestroom (Photo: Business Wire)

Thompson Central Park New York welcomes hotel guests to newly designed interiors, including a redesigned lobby, public spaces and 587 sophisticated, contemporary guestrooms and suites including the 174-room highly anticipated Upper Stories, a collection of luxurious accommodations offering expansive views, high-end amenities and exclusive offerings and programming, including access to the private Upper Stories Lounge. Today’s opening also includes the return of beloved culinary hotspot, Burger Joint, and the introduction of new cocktail bar, Standing Room Only. The hotel’s grand opening will culminate in Spring 2022, with the arrival of more soon-to-be announced dining destinations, intimate event space and the opening of Upper Stories.

Thompson Central Park New York features stunning public spaces designed by architect Thomas Juul-Hansen and guestrooms designed by Stonehill Taylor. The property is poised to redefine the New York City experience for sophisticated, contemporary travelers. Guestroom artwork and programming will be music-centric as a nod to the hotel’s history as a home to many musicians and actors who played at New York City top music venues.

“We’re honored to introduce the world to Thompson Central Park New York and welcome travelers to a stunning new hotel in the heart of New York City,” said Matt Slippoy, general manager, Thompson Central Park New York. “Together with our partners across design, culinary, retail and more, we’re thrilled to provide New Yorkers and travelers with an unparalleled hospitality experience steps from Central Park and iconic cultural institutions, performing arts theaters, Broadway and more of what makes New York City a world-class destination.”

Contemporary Design with Expansive City Views

In designing the hotel’s public areas, Thomas Juul-Hansen sought to create a sophisticated, inviting and modern introduction to Thompson Central Park New York, leveraging the iconic history of this landmark building. Guests are greeted in the lobby by massive wood clad portals leading to an organic shaped wood and leather reception desk, with intimate seating just beyond. The impressive central atrium features 36’ high ceilings with a massive central skylight and curated space for food and drinks below. Debuting in Spring 2022, a vaulted bar space connecting the atrium to both 56th and 57th streets will be lined with wood finishes and capped by a massive, suspended canopy of foliage. Each space throughout the hotel is highlighted by bespoke lighting along with a curated collection of artworks inspired by the rich heritage of the storied neighborhood.

“When walking into Thompson Central Park New York, hotel guests are greeted with a sensory experience,” said Thomas Juul-Hansen. “From the building’s classic exterior to the luxurious, newly designed modern lobby space and atrium, we have created a bespoke atmosphere for travelers to connect with the iconic style and dazzling glamour of Manhattan.”

Thompson Central Park New York partnered with Stonehill Taylor to design the hotel’s 587 guest rooms and suites, as well as guest corridors. The renowned architecture and design firm incorporated design elements to accommodate work and play, boasting elevated finishes and unexpected details. Linear and curving forms live side by side throughout the storage and sleeping areas, as well as the social and workspaces. Crisp white duvets top the navy-blue leather beds, and headboards nestle against ribbed wall detailing. A geometric etagere supports sculptural lighting and texture-providing bric-a-brac while adding structural interest to the space. Double-bay rooms feature a swivel TV, allowing guests to comfortably rotate entertainment to face sleeping and living areas. While walls and floors are finished in neutral earth tones, jewel tones pop throughout the furnishings.

Along the corridors, Stonehill Taylor incorporated balance between opposites to drive the design – from geometric designs in the carpet juxtaposed against light and dark elements, to arched mirrors along the elevator lobbies to reflect light and add depth. In Spring 2022, Thompson Central Park New York will debut The Upper Stories, a collection of 174 high-floor guestrooms with unrivaled views of Central Park, impeccable amenities and unparalleled guest experiences.

“With sophisticated travelers in mind, Thompson Central Park New York’s well-appointed accommodations feature classical elements utilized in sculptural, modern ways,” said Paul Taylor, partner, Stonehill Taylor. “From the functionality of the space to the jewel and earth tones, guests will find unexpected yet balanced choices, contributing to a remarkable hotel stay experience.”

Dazzling Culinary Offerings

Burger Joint, a hidden gem and “speakeasy” space, returns to offer up one of New York’s top-rated burgers and fries. The property is also unveiling SRO (Standing Room Only), an intimate lobby bar that will serve hotel guests and visitors carefully-crafted cocktails, rare and organic wines and mocktails in a spirited setting, creating the perfect spot to meet and mingle.

Beginning November 1, the delectably curated in-room dining menu provides hotel guests with a mix of healthy and indulgent culinary options from 6:00 AM to 10:30 PM. In Spring 2022, the property will introduce an array of signature restaurants, further elevating the property as a dining destination in Midtown Manhattan.

Thompson Central Park New York is part of Thompson Hotels brand’s New York City footprint, joining the collection’s celebrated properties in Lower Manhattan, The Beekman and Gild Hall. One of five Thompson Hotels properties expected to open across the U.S. this year, Thompson Central Park New York’s opening further amplifies the brand’s promise to provide guests with the ultimate “in-the-know” experience at the sophisticated edge of travel.

Guestrooms at Thompson Central Park New York start at an introductory rate of $420 per night. For more information on the hotel’s opening, and to book your stay today, please visit: http://www.thompsoncentralpark.com.

Guided by its purpose of care, Hyatt’s multi-layered Global Care & Cleanliness Commitment further enhances its operational guidance and resources around colleague and guest safety and peace of mind. More information on Hyatt’s commitment can be found here: hyatt.com/care-and-cleanliness.

The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

About Thompson Hotels

Founded in 2001, Thompson Hotels is an award-winning boutique lifestyle hospitality brand with a collection of stunning, dynamic properties. Each of Thompson Hotels’ urban and resort locations offer a carefully layered environment that molds into its surrounding community. Guests are provided tailored stays with connections to world-class culinary offerings, arts and entertainment, and groundbreaking design. The Thompson portfolio of lifestyle hotels includes The Beekman and Gild Hall in New York City; Thompson Washington D.C.; Thompson Nashville; Thompson Seattle; Thompson Chicago; The Cape in Los Cabos, Mexico and Thompson Playa del Carmen in Riviera Maya, Mexico; Thompson Zihuatanejo on Mexico’s Pacific Coast; and the new Texas hotels, Thompson Dallas, Thompson San Antonio, as well as Thompson Savannah and Thompson Hollywood. Hotels currently under development include Texas properties in Austin and Houston, as well as Thompson Denver, and Thompson Buckhead. Follow @ThompsonHotels on Facebook, Twitter, and Instagram for news and updates. For more information, please visit www.thompsonhotels.com.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company offering 20 premier brands. As of June 30, 2021, the Company's portfolio included more than 1,000 hotel and all-inclusive properties in 68 countries across six continents. The Company's purpose to care for people so they can be their best informs its business decisions and growth strategy and is intended to attract and retain top employees, build relationships with guests and create value for shareholders. The Company's subsidiaries operate, manage, franchise, own, lease, develop, license, or provide services to hotels, resorts, branded residences, and vacation ownership properties, including under the Park Hyatt®, Miraval®, Grand Hyatt®, Alila®, Andaz®, The Unbound Collection by Hyatt®, Destination by Hyatt™, Hyatt Regency®, Hyatt®, Hyatt Ziva™, Hyatt Zilara™, Thompson Hotels®, Hyatt Centric®, Caption by Hyatt, JdV by Hyatt™, Hyatt House®, Hyatt Place®, tommie™, UrCove, and Hyatt Residence Club® brand names, and operates the World of Hyatt® loyalty program that provides distinct benefits and exclusive experiences to its valued members. For more information, please visit www.hyatt.com.

About GFI Hospitality, LLC and GFI Development LLC

GFI Hospitality, LLC and GFI Development LLC have successfully developed more than $2 billion of hospitality residential, office, retail and real estate since their inception in 2007. Led by a senior management team, GFI focuses on opportunistic investments in major metropolitan areas. The company prides itself on delivering projects that benefit the communities in which they are located, while amplifying business partners’ investments by maximizing risk-adjusted returns. For more information, visit www.gfihospitality.com and www.gfidevelopment.com.

Forward-Looking Statements

Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the duration of the COVID-19 pandemic and the pace of recovery following the pandemic, any additional resurgence, or COVID-19 variants; the short and longer-term effects of the COVID-19 pandemic, including the demand for travel, transient and group business, and levels of consumer confidence; the impact of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants, and the impact of actions that governments, businesses, and individuals take in response, on global and regional economies, travel limitations or bans, and economic activity, including the duration and magnitude of its impact on unemployment rates and consumer discretionary spending; the broad distribution of COVID-19 vaccines and wide acceptance by the general population of such vaccines; the ability of third-party owners, franchisees, or hospitality venture partners to successfully navigate the impacts of the COVID-19 pandemic, any additional resurgence, or COVID-19 variants; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the rate and the pace of economic recovery following economic downturns; levels of spending in business and leisure segments as well as consumer confidence; declines in occupancy and average daily rate; limited visibility with respect to future bookings; loss of key personnel; domestic and international political and geo-political conditions, including political or civil unrest or changes in trade policy; hostilities, or fear of hostilities, including future terrorist attacks, that affect travel; travel-related accidents; natural or man-made disasters such as earthquakes, tsunamis, tornadoes, hurricanes, floods, wildfires, oil spills, nuclear incidents, and global outbreaks of pandemics or contagious diseases, such as the COVID-19 pandemic, or fear of such outbreaks; our ability to successfully achieve certain levels of operating profits at hotels that have performance tests or guarantees in favor of our third-party owners; the impact of hotel renovations and redevelopments; risks associated with our capital allocation plans, share repurchase program, and dividend payments, including a reduction in, or elimination or suspension of, repurchase activity or dividend payments; the seasonal and cyclical nature of the real estate and hospitality businesses; changes in distribution arrangements, such as through internet travel intermediaries; changes in the tastes and preferences of our customers; relationships with colleagues and labor unions and changes in labor laws; the financial condition of, and our relationships with, third-party property owners, franchisees, and hospitality venture partners; the possible inability of third-party owners, franchisees, or development partners to access capital necessary to fund current operations or implement our plans for growth; risks associated with potential acquisitions and dispositions and the introduction of new brand concepts; the timing of acquisitions and dispositions, and our ability to successfully integrate completed acquisitions with existing operations; failure to successfully complete proposed transactions (including the failure to satisfy closing conditions or obtain required approvals); our ability to successfully execute on our strategy to expand our management and franchising business while at the same time reducing our real estate asset base within targeted timeframes and at expected values; declines in the value of our real estate assets; unforeseen terminations of our management or franchise agreements; changes in federal, state, local, or foreign tax law; increases in interest rates and operating costs; foreign exchange rate fluctuations or currency restructurings; lack of acceptance of new brands or innovation; general volatility of the capital markets and our ability to access such markets; changes in the competitive environment in our industry, including as a result of the COVID-19 pandemic, industry consolidation, and the markets where we operate; our ability to successfully grow the World of Hyatt loyalty program; cyber incidents and information technology failures; outcomes of legal or administrative proceedings; violations of regulations or laws related to our franchising business; and other risks discussed in the Company’s filings with the U.S. Securities and Exchange Commission (“SEC”), including our annual report on Form 10-K and our Quarterly Reports on Form 10-Q, which filings are available from the SEC. These factors are not necessarily all of the important factors that could cause our actual results, performance or achievements to differ materially from those expressed in or implied by any of our forward-looking statements. We caution you not to place undue reliance on any forward-looking statements, which are made only as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable law. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.

BerlinRosen
Julienne Engelstad
thompson@berlinrosen.com

Hyatt
Jordan Aluise Hinke
Jordan.hinke@hyatt.com

Source: Hyatt Hotels Corporation