Denihan Adds Shoreham to NYC Managed Portfolio
Thursday December 27th, 2012 - 1:05AM O
| | | | | | | | | | |
These are shortcuts to your favorite social networking and bookmark sites. Add this story to your Facebook page, del.icio.us, DiggIt, and many others!
NEW YORK–The Denihan Hospitality Group assumed management of the 177-room Shoreham Hotel in Midtown Manhattan.
The hotel is owned by Ark Partners.
Denihan plans to convert the property to its Affinia brand next summer.
The addition of the Shoreham gives Denihan a twelfth property, either owned or managed, in the New York market. The company already manages two other properties owned by Ark Partners in the city: the Mansfield and the Franklin.
Ark Partners also owns hotels in Washington, D.C., and Quebec City in Canada.
Tags: • Hospitality • Management Companies •
For the past few years, the talk of The Lodging Conference in Phoenix had been focused on the economic recovery, solid industry projections and “cautious optimism.” With the word cautious no longer necessary, the economic outlook took a backseat this year to the seemingly unending parade of new lifestyle brands.