Merchants Hospitality to manage Cachet Boutique New York Hotel

George Sell By George Sell
20 January 2017 | Updated 20 January 2017

US: Merchants Hospitality has signed an agreement with Cachet Hospitality Group to manage and brand a property at 510 West 42nd Street in New York.

US: Merchants Hospitality has signed an agreement with Hong Kong-based Cachet Hospitality Group to manage and brand a property at 510 West 42nd Street in New York.

The property will be known as Cachet Boutique New York Hotel and is scheduled to open in Spring 2017.

"The Cachet brand is a perfect fit for this location," said Abraham Merchant, CEO of Merchants Hospitality, Inc. "The city's hospitality market is incredibly competitive, but with Cachet's profitable programming, mix of modern design, cutting-edge dining, entertainment concepts and technology platform, we're confident that our property will be successful."

Cachet Boutique New York will feature 107 rooms, an "outdoor oasis" including Jacuzzi and wellness area, a restaurant and a supper club. The property will be CHG's third hotel in the Americas, and first Cachet Boutique in the US, complementing the seven it currently operates in Asia.

"We are very honoured to be partnering with Merchants Hospitality in bringing the Cachet brand to New York City," said Meredith Gelacak, president of hotel operations - America for Cachet Hospitality Group. "Cachet Boutique Hotel will offer a full spectrum of experiences from indulgent wellness and comfort to electrifying social hotspots for global jet setters and locals alike."

www.cachethotelgroup.com
www.MerchantsHospitality.com

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