Abstract: A hanging towel holder is designed to be hung from a shower curtain rod, or similar elevated hanging device, over a bathtub or other water containing vessel. The holder has a first strap configured to circumscribe the bunched up top section of a towel and secure the holder in this position by use of Velcro® or similar connectors, and a second strap configured to loop over and attached to the back of the first strap. The second strap contains elastic material which, upon application of a pulling force on a towel hanging from the holder, results in the strap elongating. A person in the bathtub who requires a towel to wipe his or her eyes, face, etc., simply pulls down on the elevated towel. Release of the pulling force on the towel results in the holder returning to its resting position and the towel to its elevated position.