Marriott's top NYC hotels to offer free JFK helicopter transfers

Six luxury Marriott (MAR) brand hotels in New York City are introducing a new premium amenity: complimentary helicopter transportation from John F. Kennedy International Airport (JFK) to their properties. This exclusive service is available for guests booking a minimum two-night stay.

The participating hotels include The St. Regis New York, JW Marriott Essex House New York, W New York - Union Square, The New York EDITION, The Ritz-Carlton New York, NoMad, and The Luxury Collection's Manhattan Midtown property.

Yahoo Finance's Brad Smith and Madison Mills break down the details, providing insights into the price tag associated with this luxury.

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This post was written by Angel Smith

Video transcript

New York City's congestion problem is leading to a life of luxury for some people.

Six hotels in the city are providing free helicopter travel from JFK and New York.

The flights are operated under the urban Air Mobility Company Blade, and customers must stay at the hotel for a two night minimum here now.

These are not any cheap hotels on this list, we should note.

But of course, this is a premium that perhaps you're willing to pay a little bit.

For if you just wanna make sure that you can get to your suite, kick off your shoes and, you know, get one of those plus bathrobes, why not?

Yeah, we've got a breakdown of these prices here on your screen.

So definitely not getting a helicopter ride for free at the Ritz Carlton, the average price for their Liberty suite that you'd have to stay in to get access to this helicopter transportation is hitting around 3395 bucks for the Saint Regis.

That's just above $3000.

And at New York's edition hotel, that's going to be around $2500 for the iron sweet, so really getting a deal there at the addition for only 2500 bucks.

I also know that for some of these hotels there is a catch in terms of the number of nights that you have to stay to have access to this, and we should mention this would be operated by Blade Helicopter.

This is an urban air mobility company that did go public a couple of years back, and it's interesting to see that the stock is actually down off of this news and not seen some upward movement on the stock off of this potentially because, I mean, it's interesting to figure out the financials behind this.

I would be curious to see how much the, uh, hotels are paying blade for this service and also how the financing works.

If I was someone who was already paying for these suites and the cost of the suite didn't go up, I'd be like, Well, then what was I paying for in the first place?

Yeah, uh, well, I mean, for blade, it's a very expensive business to operate, uh, and a company that originally I believe had been trying to, or at least put together a pitch to go public, had some timing, I think about 2018 and then eventually won public via Spack.

And so that's why perhaps you're seeing it kind of sputter.

Uh, at least in its life as a publicly traded company right now, just above $3 a share.

And most of the specs.

The kind of earmark figure that you see many of them going out the door at is about 10 bucks.

So at the end of the day here, it's been a tough ride of it.

Uh, choppy, if you will.

Or turbulent for blade.

Uh, you know, just the air travel puns.

They they run a bound.

No, you're right, Brad.

Yeah.

They went public in 2019.

A little bit of a free money environment and via spec, which we know led to a wide variety of companies going public that maybe wouldn't have in our current interest rate environment.

But nonetheless, you and I can look forward to never having access to this type of hotel rooms.

No, no, we're not saying never.

We are speaking these things as though they were Well, he's gonna be fine.

He's got it.

Well, I hope so.

One day