Led by millennials, some 88 million Americans plan to take family vacations this year. According to the latest research from AAA Travel, 44 percent of millennials are planning a family getaway, more than members of Generation X (39 percent) or baby boomers (32 percent).
The 14-story hotel, which will operate under Curio Collection by Hilton in an agreement unveiled at MIPIM, includes a 22.5 million investment led by Yvon Gérard and a consortium of investors.
Known as a historic landmark in Manhattan, Lotte New York Palace offers a setting for travelers looking to escape the bustling city for a relaxing and elegant retreat on Madison Avenue in Midtown. This New York City hotel features luxurious furnishings with views of the city's skyline, including St. Patrick's Cathedral and Rockefeller Center which are only a few steps away.
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