SOURCE: Denihan Hospitality Group

Denihan Hospitality Group

January 23, 2012 15:46 ET

Denihan Hospitality Group Eyes Growth to West Coast

Hotel Developer and Manager Continues Aggressive National Growth; Has Keen Eye to Grow The James and Affinia Hotel Brands in L.A., San Francisco, and San Diego

NEW YORK, NY--(Marketwire - Jan 23, 2012) - Continuing with its aggressive plans to more than double the size of its portfolio over the next five years, Denihan Hospitality Group announced today that it will focus on joint venture partnerships on the West Coast. The New York-based hospitality company is the owner and/or operator of 13 hotels in New York; Chicago; Miami; and Washington, D.C.

"We are aiming to expand our two brands -- the Affinia and James hotels -- to key markets on the West Coast. Expanding to these markets has been part of our long-term growth strategy. To do this, we are adding resources to help us uncover opportunities for growth," said Patrick Denihan, co-CEO of Denihan Hospitality Group. "Our strategy is to be where our guests want to stay." Denihan added that Los Angeles, San Francisco and San Diego, are on the top of the radar.

While Denihan, a 50-year old hospitality company, is traditionally an owner/operator of all of its assets, it partnered with Pebblebrook Hotel Trust in August 2011 on a joint venture for six of its core Manhattan properties -- five properties operating under the Affinia Hotels brand, as well as luxury-independent The Benjamin. The partnership opened up the hotel owner/operator's capital resources, and allows the company to expand to its target markets.

While expanding to the West Coast is a top priority for Denihan, the company is also aggressively seeking new acquisitions and management contracts in other key urban markets across the U.S., such as Atlanta, Boston, Chicago, New York, Dallas, and others.

Since acquiring Denihan Hospitality Group from other family members in 2006, owners and co-CEOs Patrick Denihan and Brooke Barrett's long-term strategy has been to expand its capital relationships to help fuel growth of its upscale, upper-upscale and luxury hotel portfolio.

After consolidating ownership, Barrett and Denihan executed a growth plan that has included acquiring The James hotel brand, as well as expanding its presence into top U.S. markets. Most recently, Denihan has announced the opening of The James New York -- SoHo as well as the addition of the Royal Palm Miami to its collection.

About Denihan Hospitality Group:
Denihan Hospitality Group is a privately-held, full-service hotel management and development company that owns and operates 13 boutique hotels in major urban markets in the U.S. Over the past 50 years, the Denihan family has built a world-class investment platform within the boutique hotel space, creating value by acquiring, repositioning and managing independent hotels.

The Denihan portfolio includes luxury independents, The Surrey and The Benjamin, properties operating under The James and Affinia Hotels brands, and affiliates including the Royal Palm in Miami. Denihan's hotels feature an impressive list of chef-driven restaurants and bars, including Celebrity Chef Geoffrey Zakarian's The National Bar and Dining Rooms; David Burke Kitchen; Daniel Boulud's Café Boulud; David Burke's Primehouse; Art Smith's Art and Soul; and Marcus Samuelsson's C-House.

The company'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. In 2011, Denihan was named to Inc. Magazine's 500|5000 list of Fastest Growing Companies for the third year in a row, where it topped the list of full-service hotel companies.

More details can be found at www.denihan.com.

Contact Information

  • Contact:
    Katie Meyer
    Vice President, Corporate Communications
    Denihan Hospitality Group
    646 424 2614
    Katie.meyer@denihan.com

    Jessica Forman
    Account Supervisor
    Quinn & Co. Public Relations
    212 868 1900 x246
    jforman@quinnandco.com