The Four Seasons HOtel reopens in New York today, after an extended closure due to the pandemic and internal management disputes. The hotel is now ready to reclaim its title as the city’s most expensive.
The elegant Midtown Manhattan tower, owned by billionaire Ty Warner, has just revealed its stellar room rates. In the 1990s, the property broke all records with prices exceeding $1,000 per night; now, its least expensive room costs twice that amount.
A Junior Suite can reach up to $2,295 per night, $650 more than the entry-level suite at the Mandarin Oriental and $550 more than the equivalent room at the St. Regis. In a statement to the press, management highlighted that this accommodation offers rooms of about 550 square feet, significantly larger than those provided by competitors. Moreover, the 368 suites in the skyscraper designed by architect I.M. Pei boast not only larger spaces but also unparalleled privacy and stunning views of Central Park.
Industry experts, such as Sean Hennessey, professor at the Jonathan M. Tisch Center of Hospitality at New York University, have noted that the Four Seasons has historically maintained rates about 10% higher than other luxury hotels.
The real surprise, however, is the price hike for the Ty Warner Penthouse on the 52nd floor, now priced at $80,000 per night, surpassing the Mark Hotel Penthouse, which is set at $75,000.
This increase appears to be linked to growing demand from affluent travelers willing to pay a premium for enhanced privacy and personalized services.
Despite the excitement surrounding the return of the Four Seasons—now also offering residential units for extended stays—some remain skeptical about the sustainability of these new rates.
