Cain has acquired The Dominick, an independent luxury hotel in New York City. The acquisition builds on Cain’s luxury-lifestyle hospitality strategy in key global markets and includes plans to reposition the property as Delano SoHo New York.
Located in SoHo, The Dominick is a 390-room hotel featuring panoramic skyline and Hudson River views, a rooftop pool, spa, event spaces, and multiple dining venues. It is the neighbourhood’s only independent AAA Five Diamond hotel. Plans are under way for a thoughtful modernization as part of its repositioning as Delano SoHo New York, introducing the brand’s signature blend of design, culture, and hospitality to Manhattan for the first time.
“The global demand for authentic luxury-lifestyle experiences has never been stronger, particularly in leading gateway cities,” said Eric Poretsky, senior managing director, head of U.S. equity, at Cain. “New York remains one of the most dynamic hospitality markets in the world, and