Industry News
All Tyler Morse News
Top stories summarized by our editors
Top stories summarized by our editors

Lower Manhattan looks to weather the pandemic

9/7/2021

Lower Manhattan rebuilt itself into one of the country's largest and most vibrant business districts after the Sept. 11 terrorist attacks on the World Trade Center. The pandemic has taken a toll on the area, but many tenants still express enthusiasm for the neighborhood. "We love it down there," said MCR Hotels CEO Tyler Morse. "Downtown has terrific physical attributes and great public transportation."

Extra tab for hotel services draws interest, skepticism

8/23/2021

Charging for perks such as early check-ins and pool use has caught on with one US hotel chain, but most remain cool to the innovation even under current financial pressures. "Not every guest wants every product, and they don't want to pay for something they were never going to use anyway," says MCR Hotel CEO Tyler Morse.

Extra tab for hotel services draws interest, skepticism

8/18/2021

Charging for perks such as early check-ins and pool use has caught on with one US hotel brand, but others have been skeptical of the move. Guests could "push back" against an a la carte pricing approach, says Marriott CEO Tony Capuano.

Extra tab for hotel services draws interest, skepticism

8/17/2021

Charging for perks such as early check-ins and pool use has caught on with one US hotel chain, but most remain cool to the innovation even under current financial pressures. "Not every guest wants every product, and they don't want to pay for something they were never going to use anyway," says MCR Hotel CEO Tyler Morse.

MCR positions Manhattan's Royalton hotel for a new era

9/15/2020

The new owner of the Royalton hotel -- known for being one of the country's first boutique properties -- says that guests can expect a different experience in the future. The property was "so exclusive that people couldn't go there; it was too intimidating," says Tyler Morse, CEO of MCR Investors, which paid almost $41 million for the Manhattan hotel.

Open skies ahead for MCR after TWA Hotel, CEO says

6/17/2019

MCR Development is considering lots of possible major projects in the wake of its headline-making creation of the TWA Hotel at John F. Kennedy International Airport, CEO Tyler Morse says. He cites MCR's growth as an example of a marketplace tilt in favor of independents.

Grand plan for TWA Hotel: Selling rooms twice daily

5/20/2019

The developer's occupancy goal for the retro TWA Hotel opening today at New York City's John F. Kennedy International Airport is no less than 200%. Tyler Morse, CEO of MCR and Morse Development, intends to book every room twice a day with the help of events and air travelers' partial stays.

Retro hotel debuts at transformed TWA terminal

5/16/2019

The TWA Hotel in New York City's noted Trans World Airlines terminal at John F. Kennedy International Airport opened Wednesday, 18 years after the terminal closed and five years after developer Tyler Morse proposed the ambitious project. The hotel recaptures noted architect Eero Saarinen's 1962 design as well as the TWA branding, flight uniforms and other elements of the period.

TWA Hotel's grand plan: Selling rooms twice daily

5/16/2019

The developer's occupancy goal for the retro TWA Hotel, which opened Wednesday at New York City's John F. Kennedy International Airport, is no less than 200%. Tyler Morse, CEO of MCR and Morse Development, intends to book every room twice a day with the help of events and air travelers' partial stays.

Grand plan for TWA Hotel: Selling rooms twice daily

5/15/2019

The developer's occupancy goal for the retro TWA Hotel opening today at New York City's John F. Kennedy International Airport is no less than 200%. Tyler Morse, CEO of MCR and Morse Development, intends to book every room twice a day with the help of events and air travelers' partial stays.