HotelChatter - Stories about Dream New York

HotelChatter - Stories about Dream New York http://www.hotelchatter.com/ Hotel Reviews, Hotel Ratings, Hotel Openings en-us Copyright 2008 - SFO Media 2009-11-25T01:57:27Z HotelChatter HotelChatter HotelChatter http://www.hotelchatter.com/images/hcwhite.jpg http://www.hotelhotelchatter.com/hotel-reviews/local/560 New York: Will Dream NYC's Financial Woes Affect You? http://www.hotelchatter.com/story/2009/7/16/12856/9829 <![CDATA[<Img src="http://www.hotelchatter.com/files/6929/dreamnylobby.jpg" class="top"> So, we knew <A href="http://www.hotelchatter.com/hotel-reviews/Dream+New+York/local/560">Dream NYC </a>was having some major <a href="http://www.hotelchatter.com/story/2009/5/11/142659/087/hotels/Financial_Woes_For_Dream_New_York_">financial issues</a>. A $100 million loan secured by the hotel "was put on a special servicer status" a few months ago which usually does not necessarily mean that the loan is going to default. But in this case, it did: National Real Estate Investor reports today that the hotel actually <a href="http://nreionline.com/news/hotel-performance-declines-0714/">defaulted on that $100 million loan</a>. Alright then. So now what? An excellent <a href="http://current.newsweek.com/budgettravel/2009/07/what_happens_when_your_hotel_i.html">article over at Budget Travel </a>outlined exactly what it means for the guest when the hotel you've booked is in major financial trouble. Quick summary: in almost all situations whether a hotel has defaulted on a loan or is Jenna 2009-07-16T12:13:02-05:00 40.7645808 -73.981861 New York: Financial Woes For Dream New York? http://www.hotelchatter.com/story/2009/5/11/142659/087 <![CDATA[<img src="http://www.hotelchatter.com/files/6929/dreamnylobby.jpg" class="top"> Uh-oh. Something's goin' down at <A href="http://www.hotelchatter.com/hotel-reviews/Dream+New+York/local/560">Dream NYC</a>, and it ain't nearly as good as those <a href="http://www.hotelchatter.com/story/2009/5/5/1069/64929/hotels/Dream_New_York_for_113_Through_Quikbook_s_NYC_Sale">$113 room rates</a> we were seeing for the summer: <a href="http://ny.therealdeal.com/articles/midtown-dream-hotel-loan-troubled">The Real Deal </a>reports that a $100 million loan secured by the hotel "was put on a special servicer status," which, TRD says, indicates "the possibility it may become delinquent." In April, the loan payment was late but the note wasn't in default. But what do the possible financial issues have to do with you? Nothing yet: <blockquote>Though the special servicer status is worrisome, very few loans have gone from special servicer status to default in New York City. There were just nine delinquent securitized loans in New Jenna 2009-05-11T14:36:13-05:00 40.7645808 -73.981861 New York: Dream New York for $113 Through Quikbook's NYC Sale http://www.hotelchatter.com/story/2009/5/5/1069/64929 <![CDATA[<img src="http://www.hotelchatter.com/files/6929/dream113.jpg" class="top"> Oooh. <a href="http://www.hotelchatter.com/tag/quikbook">Quikbook</a> launched another 72-hour hotel sale this morning (oh, we should mention they launched it first to their <a href="http://twitter.com/Quikbook/status/1705994987">Twitter followers</a> so if you're not acclimated to the Twitterverse yet, perhaps this will help make a case) and we were mighty impressed with what we found for a couple of hotels in July. First up: with this <A href="http://www.quikbook.com/email/2009/050509.asp?CMP=EMC-050509bcast&att=tweet&fname=Tweeple">72-hour sale</a>, you'll get 25% off your rate (summer stays; late June through early September) if you book by Friday at 5:00 pm. Through that discount, we managed to find ourselves a room at the <A href="http://www.hotelchatter.com/hotel-reviews/Dream+New+York/local/560">Dream Hotel</a> in Midtown for $113 per night on July 5th. This is a hotel, mind you, that <a href="http://www.hotelchatter.com/story/2006/2/24/102558/068/hotels/Hotel_Guest_Raves_About_DreamNY_Sort_Of">back Jenna 2009-05-05T10:08:15-05:00 New York: Mel Gibson Hangs with Vikram Chatwal at the Dream Hotel http://www.hotelchatter.com/story/2008/12/15/114853/15 <![CDATA[<img src="http://www.hotelchatter.com/files/6929/melgibsonsdream.jpg" class="top"> Perhaps the only thing more exhilarating to us than spotting a hotelier out in the wild is spotting a celebrity with a hotelier out in the wild... but usually Page Six does that for us and we get to read about it in the <a href="http://www.nypost.com">New York Post</a> a few days later. Such was the case this week with a rather curious celeb/hotelier pairing: according to the <a href="http://www.nypost.com/seven/12152008/gossip/pagesix/sightings_144193.htm">gossip rag</a>, <a href="http://www.hotelchatter.com/tag/Vikram%20Chatwal">Vikram Chatwal </a> the hotelier behind properties like <a href="http://www.hotelchatter.com/hotel-reviews/Dream+Hotel+New+York/local/30">Dream</a>, <a href="http://www.hotelchatter.com/hotel-reviews/Night+Hotel/local/29">Night</a>, <a href="http://www.hotelchatter.com/hotel-reviews/Stay.Hotel+NYC/local/1352">Stay.Hotel </a>and the upcoming Chatwal was spotted at the Ava Lounge in the Dream Hotel having drinks with once-dreamy, now-nutty Mel Gibson. Gibson was staying at the Dream while he was in Jenna 2008-12-15T12:00:31-05:00 40.7645808 -73.981861 New York: Weekend Hotel Happening :: Oktoberfest at the Dream Hotel http://www.hotelchatter.com/story/2008/9/19/91925/7856 <![CDATA[<img src="http://www.hotelchatter.com/files/admin/dreamgarden.png" class="imgborder">Hotel: <a href="http://www.hotelchatter.com/hotel-reviews/Dream+Hotel+New+York/local/30">The Dream Hotel New York</a> When: Saturday, September 20th. 1 to 7 pm. Where: The hotel's lounge, AVA, and its "rooftop-turned-bier-garten". What: An Oktoberfest celebration!Kind of random, we know -- but we're told the place will be teeming with beer and Bratwurst (perhaps both in the edible sense and the euphemistic sense). Now, we have to warn you: there's a list for this event and we're not sure who's on it, but we couldn't resist passing the news along to you. Hey, you're a hottie so we figured you can try your luck with getting into this anyway. They're giving away some stuff, too, including treatments at The Chopra Canter & Spa, dinner at Amalia at Jenna 2008-09-19T10:00:30-05:00 40.7645808 -73.981861 Search HotelChatter Search HotelChatter string http://www.hotelchatter.com/search/