Nasdaq (5/8) shares a press release announcing that Hilton Grand Vacations will open its fifth New York City property, The Central at 5th by Hilton Club. The hotel is situated on East 48th Street mid-block between Fifth Avenue and Madison Avenue, close to Fifth Avenue and renowned attractions like Rockefeller Center, Radio City Music Hall and the Theater District. It will be developed by Hidrock Properties and is expected to open in the spring of 2020. Sales began in March.
Additional coverage provided by: Business Insider (5/8), Yahoo! Finance (5/8), Hotel News Resource (5/8), Stockwatch (5/8), Digital Journal (5/8), Wallstreet Online (5/8), Global Banking & Finance Review (5/8), VB Profiles (5/8), SC Now (5/8), Inside the Gate (5/9), Hospitality Net (5/9), REBusinessOnline (5/9), The Timeshare Authority (5/9), Perspective (5/9), EGlobal Travel Media (5/9).