The Real Deal Miami

Management picked for Royal Palm Hotel

November 17, 2010 10:10AM

Denihan Hospitality Group has been selected by Sunstone Hotel Investors
to manage the 407-unit Royal Palm Hotel at 1545 Collins Avenue in South
Beach, the first entry for the company in the Miami hotel market. The property
was sold at auction this summer for $126.1 million
, and will
undergo renovations aimed at a 2011 reopening. Denihan manages 14
properties in four cities under the James and Affinia brands. TRD