The small luxury player is evaluating its existing portfolio
while getting ready to open in Brussels, Bucharest, Rome, and potentially
others in the U.S.
Note: This story first appeared in Travel Weekly
NEW YORK -- London-based luxury hospitality group Corinthia
Hotels has made its move into the North American market with its first U.S.
hotel.
The newly renovated Surrey hotel on New York’s Upper East
Side, which dates back to 1926, reopened in late October as The Surrey, a
Corinthia Hotel.
Simon Casson, who took the helm as Corinthia CEO in April
after more than three decades at Four Seasons Hotels and Resorts, acknowledged
that the move is a significant milestone for the brand.
“There’s immense brand value to opening [in New York] for a
company like ours, which is quite small,” said Casson.
Since its founding in 1968, Corinthia Hotels has maintained
a foothold across Europe, the Middle East and Africa, aiming to differentiate
itself by capturing the appeal of a “boutique establishment combined with the
grandeur of a grande dame.”
It currently operates eight hotels that are flagged under
the Corinthia brand.
According to Casson, the Surrey project comes as Corinthia
Hotels aims to “elevate and grow” its brand.
Casson said the company is “going through an evaluation
process” with existing hotels to determine investments needed for each property
to better align with Corinthia's luxury standards. For example, at the
Corinthia Budapest, the company is in the early stages of exploring a “product
improvement package” to elevate the guest experience.
The group is entering a period of relatively aggressive
expansion. It plans to open a hotel in Brussels by the end of this month and
another in Bucharest, Romania, by March. The debut of a Rome location slated to
follow next summer.
Additional projects are under development in Doha, Qatar,
where plans call for a hotel, golf course, yacht club, beach club and private
residences, as well as the Maldives and Riyadh, Saudi Arabia.
Corinthia is also in discussions with potential partners
across China, Southeast Asia, India, the Middle East, Europe and additional
U.S. markets, including Miami and Los Angeles.
Over the next 10 years, it hopes to expand to a portfolio of
30 hotels and resorts, according to Casson.
The Surrey’s rebirth
For now, however, Corinthia Hotels remains focused on
successfully ramping up The Surrey, which is in the midst of a phased opening,
with about 50% of its rooms in operation.
The 16-story hotel, located near the corner of East 76th
Street and Madison Avenue, has a total of 70 guestrooms, 30 suites and 14
private residences. Along with fully refreshed interiors, the building is now
home to a New York outpost of the restaurant concept and members’ club Casa Tua
as well as The Surrey Spa, developed in partnership with French skincare and
beauty brand Sisley Paris. An all-day lobby lounge, known as the Lounge by Casa
Tua, is also open, serving coffee, cocktails and light bites.
Casson describes The Surrey’s rebirth as a “love letter” to
the Big Apple. A tour of the property revealed how it celebrates its New York
roots throughout, from a curated collection of local artists’ works to four
signature suites that draw design inspiration from Central Park’s bridges.
According to a Corinthia Hotels spokesperson, entry level
rates at the property start at around $1,200 per night. And according to
Casson, the members’ only club has already sold a sizable number of
memberships.
“We’re still allowing the hotel to get its rhythm,” Casson
said. “But [we’ve seen] a fairly rapid pace of pick-up.”