Sonesta buys four NYC properties

Sonesta International Hotels Corp. announced on Wednesday an investment in four boutique and lifestyle hotels located in Midtown Manhattan: Benjamin with 209 rooms, Shelburne Hotel & Suites with 325 rooms, Gardens Suites Hotel with 123 suites and Fifty Hotel with 252 rooms. & suites.

They will serve as The Benjamin Royal Sonesta New York, The Shelburne Sonesta New York, The Gardens Sonesta ES Suites New York and The Fifty Sonesta Select New York, respectively. There are plans for the Benjamin property to receive a multi-million dollar renovation within 18 months, and for Shelburne to receive improvements to its food and beverage operations, according to the company, and Fifty was recently renovated.

According to Sonesta President and CEO John Murray, “As we considered opportunities to grow the Sonesta brand and raise awareness, a strong presence in New York City has been a long-term goal.”

Murray, former president and CEO of Service Properties Trust, which has a 34 percent stake in Sonesta. He became Sonesta CEO last month.

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