Construction starts at Executive Group’s NYC property

US: The Executive Group started construction on the Executive Hotel Le Soleil New York; a 163 suite boutique hotel in Midtown Manhattan.

The hotel, at the intersection of 5th Avenue and W 36th St will be a sister hotel to the Executive Hotel Le Soleil Vancouver. The projected completion date is late 2014 and when completed, it will be the 17th property in the Executive Hotels & Resorts portfolio.

The 22-storey tower will be “a more contemporary version of the popular Vancouver Le Soleil Hotel while still keeping to the high design lobby features and intimate nature of the original location”. The property will offer a combination of rooms and suites, a lobby espresso/cocktail bar, several meeting rooms including a rooftop penthouse and a yet to be announced restaurant.

Salim Sayani, president of the Executive Group, said: “The luxurious Executive Hotel Le Soleil New York should prove to be popular amongst our large corporate and leisure travel base. We purchased this site approximately two years ago and given the current strength of the Canadian dollar and the strengthening US economy, in particular the New York market, we felt it was the right time to build. This prime mid town Manhattan location should be a complimentary fit for our existing US boutique hotel locations being San Francisco and Seattle.”

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