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NEW YORK – July 11, 2018Denihan Hospitality (“Denihan” or the “Company”), a full-service hospitality company focusing on developing, owning, managing and franchising boutique luxury and lifestyle hotels, is pleased to announce that experienced industry professionals Nadia Karmali and Michael Shiwdin are joining the Company as Vice President of Revenue Management and Vice President of Asset Management, respectively. Ms. Karmali and Mr. 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, Ms. 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, Mr. 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. Mr. Shiwdin also spent time leading a top line analytics team with Starwood and at JP Morgan Chase.

About Denihan Hospitality

Denihan is a privately-held, full service hotel management and development company. The Company owns and/or operates boutique hotels in major urban markets throughout the U.S. For over 50 years, Denihan has been creating value by acquiring, repositioning and managing independent assets. The Denihan portfolio includes properties operating under The James and Affinia Hotel Collection brands, as well as Manhattan independent boutique hotels, The Benjamin, and The Surrey, voted #1 hotel in New York City in Travel + Leisure's 'World's Best Awards' in 2016 and 2017. The portfolio also includes an impressive list of chef-driven restaurants and bars. Denihan’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. More details can be found at www.denihan.com

Contact: Jason Chudoba

Denihan@icrinc.com / 646-277-1249

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