Margaritaville CEO on opening new NYC resort next month
Margaritaville CEO John Cohlan discusses why his company chose to open a new location in Times Square, New York City amid the pandemic.
Struggles in the hospitality sector caused by the coronavirus pandemic aren’t stopping Margaritaville from opening a new location in New York City.
“We're just very excited to bring the Margaritaville lifestyle to the island of Manhattan. People forget it's an island,” CEO John Cohlan told FOX Business Network's “Cavuto: Coast to Coast” Wednesday.
Located in Times Square, the new resort hopes to offer “a sense of escapism” from the hustle and bustle of the big city, Cohlan explained.
COVID-19 VACCINE MARKS 'MAJOR MILESTONE' FOR REELING HOTEL INDUSTRY
The Margaritaville Resort Times Square has 234 guest rooms and boasts features that inlcude an outdoor heated pool, soundproof windows, laundry/valet service and a fitness center, according to the resort’s website.
While some hotels have had to pause expansions or even close locations due to a pandemic-induced decline in travel, Margaritaville chose to go ahead with the new resort.
In September, the American Hotel & Lodging Association (AHLA) underscored the hospitality industry's troubles by reporting that 68% of hotels had less than half of their pre-crisis staff working full time.
MARGARITAVILLE RESORT TO OPEN IN NYC’S TIMES SQUARE THIS SPRING