US hotels ride trend of patients travelling for care
Developers are situating accommodation near major medical centres, many in hotel-starved outskirts
New York
WHEN out-of-town patients used to travel to NewYork-Presbyterian Hospital, some would find that their best option for staying close to the hospital for early-morning surgery involved a trip over the George Washington Bridge from New Jersey.
Enter the Edge Hotel, a 54-room property that opened in the fall of 2015 in Upper Manhattan, an area with few other lodgings.
As patients increasingly travel to and across the United States for medical treatment, developers are seizing on the benefits of situating hotels near major medical centres, many of which are in hotel-starved outskirts.
About 13 kilometres from Times Square, the Edge has exceeded expectations, said Ari Sherizen, the operating partner of Edge Property Group, its developer. The hotel has had a s…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Apple to invest US$250 million into expanding Ang Mo Kio campus
High Court dismisses Chinese businessman’s claims against Huttons and agent in misrepresentation suit
US 30-year mortgage rate rises to a four-month high of 7.13%
US homebuilding retreats as housing recovery stalls
China Vanke seeks to sell 21.4% stake in logistics operator GLP
Fannie Mae’s new mortgage-scoring system aims to lift MBS demand