
VOCO FRANKLIN
- 164 East 87 Street, New York City
AC Developers brought the first Voco by IHG hotel to North America. The Franklin, which AC bought out of bankruptcy and completely renovated, re-opened in October 2020. The property is located on Manhattan’s Upper East Side. This 51-key hotel receives strong support from IHG and achieved around 130% RevPar penetration with an 88% occupancy in 2021, despite Covid. IHG conceived voco as a soft brand which should reflect its neighborhood and environment. Designed by Glen Coben of Glen & Company, the hotel retains the charm and elegance of the Gilded Age re- imagined for the 21st century.
Development Cost: $8,000,000

