The Executive Group of Companies

September 04, 2013 09:00 ET

Vancouver Based Executive Hotels & Resorts Announces Start of Construction on New Flagship Hotel in New York City

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 4, 2013) -

Editors Note: There is a photo associated with this Press Release.

The Executive Group announced today it has started construction on the Executive Hotel Le Soleil New York; a 163 suite boutique luxury hotel which will be a sister hotel to its already successful Executive Hotel Le Soleil Vancouver. Building off the popularity of the Executive Le Soleil brand and style of design, this new location is under construction in the heart of Mid Town Manhattan at the prime intersection of 5th Avenue and W 36th St. The projected completion date for the Executive Hotel Le Soleil New York is late 2014 and when completed, will be the 17th location in the Executive Hotels & Resorts chain ( www.executivehotels.net). The 22 story tower being developed by the Executive Group will be a more contemporary version of the popular Vancouver Le Soleil Hotel while still keeping to the high design lobby features and intimate nature of the original location. The trend setting "Executive Le Soleil" brand blends many aspects of the classic European boutique hotel with the contemporary styling and amenities of a glass encased modern tower.

The Executive Hotel Le Soleil New York will offer a combination of rooms and suites, a lobby espresso/cocktail bar, several meeting rooms including a rooftop penthouse and a yet to be announced restaurant.

Salim Sayani, President of the Executive Group, stated, "The luxurious Executive Hotel Le Soleil New York should prove to be popular amongst our large corporate and leisure travel base. We purchased this site approximately two years ago and given the current strength of the Canadian dollar and the strengthening US economy, in particular the New York market, we felt it was the right time to build. This prime mid town Manhattan location should be a complimentary fit for our existing US boutique hotel locations being San Francisco and Seattle."

For more information please visit www.lesoleilhotels.com or www.executivegroupdevelopment.com.

About The EXECUTIVE GROUP OF COMPANIES

Established in 1984, the Executive Group of Companies develops quality projects that stand the test of time in North America. The company has been fulfilling the need for exceptional residential, commercial, industrial and hotel development throughout its history. Known for quality workmanship, excellent customer service and attention to detail, the Executive Group of Companies maintains its reputation by fulfilling the needs of the end user of its projects. Developing strong services and amenities as a component of its residential projects has been a landmark of Executive's developments. The Executive Group's serviced residential projects are often developed on conjunction with the group's Executive Hotels & Resorts hotel development division.

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