Westgate Resorts Acquires Midtown Manhattan Hotel and Rebrands It Westgate New York City

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USA, Orlando, Florida. June 14, 2018

Westgate Resorts announced the acquisition of the former Hilton
New York Grand Central, a 23-floor, 300-room, two-tower hotel located
in the historic Tudor City neighborhood within the heart of Midtown
Manhattan's East Side that has been rebranded Westgate New York City.

?“It is with great excitement that I announce Westgate has purchased
its first urban hotel located in none other than the Big Apple,” said
David Siegel, founder & CEO of Westgate Resorts. “This puts the
Westgate flag proudly in the heart of one of the most visited cities in
the world, located on East 42nd Street - only a few blocks from Times Square, the United Nations and Grand Central Station.”

Recognized by Historic Hotels of America, this historic landmark opened in 1931 and was formerly known as the Hotel Tudor, Hilton Manhattan East
and the Hilton New York Grand Central. It features gothic-revival
architecture and pre-war charm blended with modern luxuries. Westgate
will continue to operate the resort as a hotel while it undergoes an
extensive renovation. The company will also explore opportunities in the
future to add timeshare villas. Starting June 6, Westgate Timeshare
Owners will receive exclusive discounts toward guest room stays at the
hotel.

Onsite amenities include a business center, 24-hour fitness center,
casual eatery and valet parking, as well as 3,500 square feet of
flexible meeting space. Westgate New York City is located on 42nd
Street with convenient access to Grand Central Station, less than a
block from the United Nations and within a few blocks of popular
Manhattan landmarks such as the Empire State Building, Chrysler
Building, Times Square, Bryant Park, Museum of Modern Art, Rockefeller
Center and New York Public Library, making it ideally situated among Midtown Manhattan hotels in the Murray Hill District and surrounding area.

?Westgate New York City is the latest hotel to join the ever-growing list of new properties acquired by Westgate Resorts in premier vacation destinations throughout the United States. On July 1, 2018, Westgate is opening Westgate Cocoa Beach Resort, an all two-bedroom Polynesian-themed beach resort located one mile from the world-famous Westgate Cocoa Beach Pier in Cocoa Beach, Fla.

An established leader in the timeshare industry for more than 30 years, Westgate Resorts has more recently put additional emphasis on its hotel offerings. The company provides hotel accommodations in destinations across the nation including Las Vegas; Orlando, Fla.; Park City, Utah and more. The company now caters to travelers beyond the leisure market with options for business travelers as well as meetings and groups.