BROOKLYN, N.Y.--(BUSINESS WIRE)--Brooklyn-based real estate development company V3 Hotels, has tapped Benchmark Hospitality International, a leading independent hospitality management company to operate its new hotel at 231 Duffield Street in Downtown Brooklyn.
Dubbed “Hotel 718” in recognition of Brooklyn’s area code, the hotel will offer guests the finest in luxury, style, and comfort. The 128 guestrooms of Hotel 718, including four oversized suites, have been designed to deliver the perfect balance between casual and modern elegance.
The 19-story, $25 million hotel is set to open in November 2011 and will celebrate the heritage and culture of Brooklyn, New York. Designed by H. Thomas O’Hara, Hotel 718 will offer a relaxed yet functional environment required by today’s discerning traveler.
“We are excited to add a dynamic hospitality company like Benchmark to our team,” said Gregory Atkins, president of V3 Hotels. “Downtown Brooklyn is the fastest growing district in New York City and we know that there is a major demand for hotel rooms in the area,” Mr. Atkins added.
“As Brooklyn continues to become a major travel destination, we have to provide urban adventurers with an opportunity to stay at hotels that fit their lifestyles and desires,” said Daniel Reznik, operations director for V3 Hotels. “We know Hotel 718 will thrive in this niche market and beyond.”
“I am very pleased to announce our involvement with this exciting new hotel,” said Burt Cabañas, Benchmark Hospitality’s chairman and CEO. “We at Benchmark look forward to working closely with V3 as Hotel 718 becomes an active part of this unique Brooklyn neighborhood,” he added.
Hotel 718’s exterior is composed of a textured red artisan brick façade with floor-to-ceiling windows, and a rooftop sundeck. Ample parking is located nearby. Upon completion, the property will offer spa services, a cardio fitness room with an outdoor deck, original works of art hung throughout, and 24-hour Brooklyn-centric concierge services. The hotel will also feature an inspired 80-seat signature restaurant and bar. Guestrooms and public spaces at Hotel 718 will provide the most current technology, with high speed wireless Internet access, MP3 docking stations, large HD flat screen televisions, and gaming consoles on request.
The property is within walking distance of MetroTech Center, court buildings and both the Manhattan and Brooklyn Bridges, offering easy access to Brooklyn’s rich cultural amenities. These include the world-renowned Brooklyn Academy of Music, Brooklyn Museum of Art, Brooklyn Botanical Gardens, Frederick Law Olmsted’s masterfully-designed Prospect Park, and countless vibrant and diverse cultural and entertainment attractions day and night.
Hotel 718 is also steps away from Brooklyn’s historic Downtown brownstone neighborhoods, as well as sleek new residential towers, and is minutes from Manhattan by subway, bus, taxi or automobile. The nearby Brooklyn-Queens Expressway provides easy access to LaGuardia and JFK Airports.
Downtown Brooklyn is home to more than 100,000 office employees, eight universities and colleges with more than 57,000 students, Brooklyn Hospital Center, one of the busiest retail strips in the nation, and more than 40 premier arts and cultural organizations. Since 2006, more than $2.4 billion has been invested in Brooklyn’s Downtown area from the private sector.
About V3 Hotels
V3 Hotels is a hospitality company that specializes in the acquisition and development of hotel properties in major metropolitan cities throughout the United States. The V3 Hotels objective is to create and support properties of superior design and finish, while complementing them with exceptional personal service. V3 Hotels partners with the latest hospitality companies in order to provide superb quality that eclipses industry standards while creating a warm and friendly personable atmosphere. The goal is to provide its visitors and guests with an environment that exemplifies a new standard in the hotel industry. V3 Hotels features a team of hand selected highly experienced and specialized individuals that carry out the vision and goals of the company. This team of managing professionals and owners are seasoned and experienced, and provide exceptional levels of support, success-planning, as well as direction and overall product integrity.
About Benchmark Hospitality International
Benchmark Hospitality International is a leader in the management and marketing of resorts, conference centers, hotels, and Personal Luxury Hotels™. The independent company, launched in 1980, is a founding member of the International Association of Conference Centers. Benchmark Hospitality is a worldwide organization operating properties in major metropolitan and resort destinations. Benchmark's international headquarters is located in The Woodlands, Texas, near Houston. The company’s northeast regional office is in New Jersey, with international offices in Tokyo, Japan, and Santiago, Chile. For the location of Benchmark’s properties and additional information, visit www.benchmarkhospitality.com.
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