Fattal Resort Community Acquires The Blakely Resort in Midtown Manhattan
In Brief: Fattal Resort Community has done the acquisition of The Blakely Resort, a 117-room property positioned in Midtown Manhattan, marking its first hotel investment in the United States.
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Image Credit Fattal Resort Community
Fattal Resort Community, owner and operator of 329 resorts in 22 international locations, in conjunction with the Leonardo Motels price, has done the acquisition of The Blakely Resort in Midtown Manhattan. The transaction used to be finalized on July 7, 2026, and marks the corporate’s first hotel investment in the United States.
The Blakely Resort is found on West fifty fifth Avenue between Sixth and Seventh Avenue. The pre-war property choices 117 guestrooms, in conjunction with 42 suites, with room sizes bigger than the Manhattan moderate. The hotel is within strolling distance of Central Park, Times Sq., and Fifth Avenue.
Fattal Resort Community plans a total renovation and repositioning program for the property. The hotel will stay closed at some stage in redevelopment and is anticipated to reopen in mid-2027 below one of many neighborhood’s current brands.
