Sample listing

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Hospitality · New York, United States

Long Island City Select-Service Hotel

Long Island City, Queens

The opportunity

Long Island City Select-Service Hotel runs 71% occupancy against a comp set doing 83%. The gap is distribution, not location: no flag, no revenue management, and an OTA-heavy channel mix. Conversion and professional management are the entire underwriting. The New York case: a five-borough bid that never fully clears and owners who prefer to trade quietly.

  • 71% occupancy versus 83% comp set
  • ADR $189 against a $241 comp set
  • Unaffiliated, conversion-ready to select-service