Denihan Hospitality Group signed a management agreement with Ark Partners for two hotels, The Mansfield and The Franklin, located in New York City's Midtown and on the Upper East Side, respectively. With the addition of these two assets to its portfolio, Denihan will own and/or manage a collection of 11 boutique luxury and upper-upscale hotels in New York City.
According to David Duncan, president of Denihan, the addition of these properties is part of the company's overall strategy to double the size of its portfolio within the next five years. Tags: