Denihan

"Our plan is to add two hotels per year, either owned or managed," Patrick Denihan said in an interview.

New York Hotels Fetch Luxury Price Kris Hudson 2011

Denihan Hospitality owns nine hotels and manages another four.

New York Hotels Fetch Luxury Price Kris Hudson 2011

One reason for the lofty price in the Denihan deal: Affinia and Benjamin rooms are much larger than typical hotel rooms, at 350 square feet to 750 square feet, many including kitchenettes.

New York Hotels Fetch Luxury Price Kris Hudson 2011

The separate address "adds to the independence of the thing," says Sims Foster , vice president of restaurants and bars at Denihan Hospitality Group, which owns the Benjamin.

Who Took the 'Hotel' Out of the Hotel Restaurant? Andrea Petersen 2012

Mr. Bortz said he took into account the new hotel openings in the deal with Denihan.

New York Hotels Fetch Luxury Price Kris Hudson 2011

Denihan Hospitality Group, the 49-year-old New York hotel concern led by siblings Patrick Denihan and Brooke Denihan Barrett , is retaining a 51% stake in the six hotels as well as management of the properties.

New York Hotels Fetch Luxury Price Kris Hudson 2011

Denihan Hospitality Group manages each hotel in the Manhattan Collection.

unknown title 2011

On July 29, 2011, the Company acquired a 49 percent interest in a joint venture valued at $908.0 million with affiliates of Denihan Hospitality Group that own six upper upscale hotels in Manhattan.

unknown title 2011

The unconsolidated debt, cash, cash equivalents and restricted cash amounts represent the Company's 49 percent pro rata interest in the Manhattan Collection, a joint venture with affiliates of Denihan Hospitality Group that owns six upper upscale hotels in Manhattan, New York.

unknown title 2011

Denihan Hospitality Group co-CEO Brooke Barrett on running luxury hotels with brother.

Forbes.com: News Moira Forbes 2011