In Brief: Fattal Hotel Group has completed the acquisition of The Blakely Hotel, a 117-room property located in Midtown Manhattan, marking its first hotel investment in the United States.
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Image Credit Fattal Hotel Group
Fattal Hotel Group, owner and operator of 329 hotels in 22 countries, including the Leonardo Hotels brand, has completed the acquisition of The Blakely Hotel in Midtown Manhattan. The transaction was finalized on July 7, 2026, and marks the company’s first hotel investment in the United States.
The Blakely Hotel is located on West 55th Street between Sixth and Seventh Avenue. The pre-war property features 117 guestrooms, including 42 suites, with room sizes larger than the Manhattan average. The hotel is within walking distance of Central Park, Times Square, and Fifth Avenue.
Fattal Hotel Group plans a comprehensive renovation and repositioning program for the property. The hotel will remain closed during redevelopment and is expected to reopen in mid-2027 under one of the group’s existing brands.