The NoMad Hotel New York City
THE NOMAD HOTEL
TRE assessed and updated the NoMad’s market competitive set, analyzed the benchmark for the NoMad Hotel’s financials and penetration rates against proposed competitors.
Our team analyzed the property management company’s proposed annual operating budgets including direct and indirect departmental expenses. TRE prepared in-depth market index penetration analysis, including a five (5) year pro forma.
As asset managers, TRE oversaw the entirety of the NoMad Hotel operation.
Property Details
Number of Keys
Meeting Space
Classification
Operator
241
10,000 sq ft
4 star
The Sydell Group
