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| Si Sloman |
PHOENIX, AZ, Oct. 7, 2014—Officials of Ardent Hotel
Management Company, a nationally recognized hotel management firm, today
announced that the company has been engaged by a premier middle eastern
investment company to manage two institutional, select-service hotels in
Manhattan.
The newly
built hotels, the 148-room Hampton Inn United Nations and the 135-room
Holiday Inn Express Herald Square, are recent acquisitions in prime,
mid-town locations that currently rank among the highest performing submarkets
in the metropolis.
The
assignments come on the heels of 1754 Properties’ recent acquisition of an
interest in Ardent. 1754 Properties, LLC, is an institutional investment and
ownership company specializing in hotels properties in urban and infill resort
areas.
"We
look forward to operating in Manhattan once again and leveraging the prior New
York hotel experience of our principals to achieve maximum results for these
two prime assets,” said Si Sloman, president of Ardent. “We will
continue to grow our management services to institutional owners of urban
hotels.”
 |
| Joe Smith |
“This
transaction with a premier international investment group is representative of
Ardent's capabilities and future growth potential,” said Joe Smith,
founder of 1754 Properties.
Opened in
February 2013, the Hampton Inn United Nations is located between the United
Nations and Grand Central Station, the city's transit hub, at 231 East 43rd St.
Situated in a neighborhood of upscale residential towers and more than 35 million
square feet of Class A office space, the area is home to such major
corporations such as Pfizer, Mitsubishi, Wells Fargo, UNICEF and United Nations
member nations.
The hotel offers a
24-hour business center, fitness center access, complimentary in-room internet
service and Hampton's signature complimentary, hot breakfast daily.
The
Holiday Inn Express is located at 60 West 36th St. in the heart of the fashion
district near Herald Square.
For a complete copy of the company’s news
release, please contact:
Lauralee Dobbins/Chris Daly
Daly Gray, Inc.
703-435-6293
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