NEW YORK–(BUSINESS WIRE) –Denihan Hospitality (“Denihan” or the “Company”), a premier owner and operator of upscale luxury, boutique and lifestyle hotels, today announced that it intends to fuel long-term growth through both Denihan branded and third-party hotel management deals, including owners of independent, hard and soft branded hotels. The Company’s decision to grow its hotel management business will allow it to capitalize on its 55-year history as a hotel manager.
“This strategic growth priority is an outcome of the investments we have made to better capitalize on our deep institutional knowledge, enhanced operating platform and hotel management expertise,” said Patrick Denihan, Co-Chief Executive Officer of Denihan Hospitality. “We see significant opportunity to expand this line of business as more hotel owners look to partner with experienced operators who know how to increase long-term value.”
Over the past two years, Denihan has made significant investments in technology and senior personnel to enhance its operating platform. This includes constructing a deep and talented team of hospitality professionals with decades of global experience. The team focuses on delivering exceptional guest experiences and driving profitability by creating customized solutions for each hotel it manages. It also leverages sophisticated sales, marketing and revenue management technologies to measure performance, market penetration and guest satisfaction.
Denihan’s personnel and technology investments have yielded year-over-year performance improvements in its core hotel portfolio and resulted in new hotel management mandates. A key recent success is the deal the Company reached with Trammell Crow Company and KochSmith Capital to bring The James brand to Washington D.C. Denihan will brand and manage the 204-room, new-build hotel, which serves as the hotel component of the massive Armature Works development project, under a long-term contract.
Denihan is actively working to execute additional hotel management deals with owners seeking branded management and third-party management services. Those interested in learning more about the Company’s hotel management capabilities are encouraged to connect with Denihan at the upcoming NYU International Hospitality Industry Investment Conference.
Denihan is a privately-held, full service hotel management and development company. The Company owns and/or operates boutique hotels in major urban markets throughout the U.S. For over 50 years, Denihan has been creating value by acquiring, repositioning and managing independent assets. The Denihan portfolio includes properties operating under The James and Affinia Hotel Collection brands, as well as Manhattan independent boutique hotels, The Benjamin, and The Surrey, voted #1 hotel in New York City in Travel + Leisure’s ‘World’s Best Awards’ in 2016 and 2017. The portfolio also includes an impressive list of chef-driven restaurants and bars. Denihan’s uniquely guest-centric approach, refined through three generations of Denihan leadership, has made it an industry leader in hospitality, property and restaurant development, as well as hotel operations, management and marketing. More details can be found at www.denihan.com.
Jason Chudoba, 646-277-1249
Kelly Ferraro, 646-277-1291
Matthew Chudoba, 203-682-8217