On my most recent trip back to New York I had the pleasure of spending a night at Smyth, the newest member of the Thompson family of hotels. The Thompson Group has been rapidly expanding recently, welcoming 6 Columbus, Gild Hall and the Thompson LES into the fold, and Smyth is its latest outpost, in the heart of Tribeca. Luxury hotels might not seem like the smartest investment considering the economic forecast, but Smyth, where rooms start at $250, packs a lot of value into its offerings, including, not least of all, location. For anyone who has tried to book a room in downtown Manhattan recently, you're more likely to find a broom closet than a hotel room for less than $300. The fact that within that price range you can find a chic, contemporary launching pad in one of the city's most desirable neighborhoods is reason enough to book a room.
Smyth is opening a restaurant lounge soon, and prices might rise a bit once it's operating at full capacity, so if you can check in and check it out this summer, it might make sense to take advantage of the great deal on offer.