IHG opened a 419-key voco in Times Square and a 529-key Kimpton six blocks away within three weeks of each other. That's not expansion. That's a bet... and if you're running a competing property in Midtown Manhattan, the math on your comp set just changed.
IHG dropped a 419-key voco and a 529-key Kimpton within fifteen blocks and fifteen days of each other in Manhattan. The brand story sounds great. The owner math is where it gets interesting.
A press release about a new GM tells you almost nothing. The strategy it signals about Hilton's Manhattan positioning tells you everything.
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