In sign of COVID-19’s impact on New York tourism, Hilton to close Times Square hotel

The coronavirus pandemic has wiped out hotel occupancy in urban areas, including the heart of New York City.

Hilton is closing its 478-room hotel in Times Square effective Oct. 1, according to a document it filed with state regulators this week. Two hundred employees will lose their jobs, the filing says, due to “unforeseeable business circumstances prompted by COVID-19.”

The 44-story hotel at 234 West 42nd Street opened in 2000, according to its website.

According to a report this week from the American Hotel and Lodging Association, an industry group, hotel occupancy in urban markets was 38% in August, well below the 50% it takes for most properties to break even.

Labor Day weekend hotel bookings down: Reservations drop 65% from 2019 due to COVID-19, industry group says

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