News: Owners Developers & Managers

Karmali and Shiwdin join Denihan as vice presidents

Nadia Karmali,
Denihan Hospitality

 

Michael Shiwdin,
Denihan Hospitality

 

NEW YORK, NY According to Denihan Hospitality, a full-service hospitality company focusing on developing, owning, managing and franchising hotels, Nadia Karmali and Michael Shiwdin are joining the company as VP of revenue management and VP of asset management, respectively. Karmali and Shiwdin have spent the majority of their respective careers working for some of the hospitality industry’s largest operators, and are skilled in financial management, driving revenue and leading teams.

“We are pleased to bolster our leadership team with the appointments of Nadia and Michael, two individuals who possess deep financial and operational expertise, from industry-leading hotel operators,” said Patrick Denihan, co-chief executive officer of Denihan Hospitality. “Both have proven themselves to be strong leaders in their respective practice areas, and we expect their contributions will make immediate positive impacts on our organization.”

In her role as vice president of revenue management, Karmali, who joins Denihan from Marriott/Starwood Hotels and Resorts where she spent the past 13 years serving in various advanced revenue management positions, will be responsible for driving revenue, market share and ongoing yield improvement across all of the Company’s flagship brands – The James, The Surrey, Affinia Hotels & Suites and The Benjamin. Among her many responsibilities at Starwood, she oversaw strategic management of guestroom inventory and pricing, driving optimal market share gains for some of the largest hotels in the country, including the Sheraton Boston Hotel, Westin Copley Place and the W South Beach. Ms. Karmali holds a Bachelor of Commerce (BCom) in Finance and Marketing from McGill University.

In his position at Denihan, Shiwdin will support the development team through the maximization of the value of Denihan’s assets, analyze operating performance and execute capital projects. Previously, he was Vice President of Operations for sbe Entertainment Group, where he oversaw strategic initiatives and operating performance for the company’s portfolio through collaboration with ownership groups and internal department teams. Shiwdin also spent time leading a top line analytics team with Starwood and at JP Morgan Chase.

 

 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Hunt Commercial Real Estate Q&A:  Location, location, location? - by David Hunt

Hunt Commercial Real Estate Q&A: Location, location, location? - by David Hunt

In working with our clients, we break down our search objectives into two categories. The first category involves the specific needs of your business such as warehouse height, amount of office space and number of loading
Follow the upside: How NYC  investors are rethinking real estate - by Thomas Donovan

Follow the upside: How NYC investors are rethinking real estate - by Thomas Donovan

In my earlier years of brokerage, my team had our investor list divided into five brackets – multifamily, retail, office, industrial and development. For the most part, multifamily investors only wanted to see multifamily
Hunt Commercial Real Estate Question and Answer:  Evaluating the buyer - by David Hunt

Hunt Commercial Real Estate Question and Answer: Evaluating the buyer - by David Hunt

The Purchaser: This is usually a subjective decision. As an example, a large public company may be a desirable purchaser because it is financially strong, but
IREON Insights:  Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

IREON Insights: Research and development tax credit: Very important deadline for amendments is July 6 - by Richard Levychin

If you are a company that either claimed or qualify for the research and development tax credit you need to be aware of the following update resulting from the One Big Beautiful Bill Act (OBBBA).