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August 03, 2015 8:11 PM ET

Hotels, Restaurants and Leisure

Company Overview of Sage Hospitality Resources, LLC

Company Overview

Sage Hospitality Resources, LLC develops, operates, and manages hotels and restaurants in the United States. It also operates bars. Sage Hospitality Resources, LLC was founded in 1984 and is based in Denver, Colorado.

1575 Welton Street

Suite 300

Denver, CO 80202

United States

Founded in 1984

Phone:

303-595-7200

Fax:

303-595-7219

Key Executives for Sage Hospitality Resources, LLC

Co-Founder, Chief Executive Officer and President
Co-Founder and Chairman of the Board
Chief Financial Officer
Chief Operating Officer
Chief Marketing Officer and Senior Vice President of Premier & Lifestyle Division
Age: 57
Compensation as of Fiscal Year 2015.

Sage Hospitality Resources, LLC Key Developments

Host Hotels & Resorts, Inc. Selects Sage Hospitality

Host Hotels & Resorts Inc. announced that as part of the company's efforts to transform the Denver Marriott Tech Center Hotel, the company has selected Sage Hospitality to manage the hotel pursuant to a Marriott franchise agreement. Beginning in late 2015, the hotel will undergo an extensive multi-million dollar renovation to completely modernize every aspect of the hotel. This renovation includes all 628-rooms of the two towers and will reconfigure and enhance the entrance, lobby, restaurants, and 45,000 square feet of event space. In one of the two towers the room count will shrink as certain standard king rooms will be converted to executive king suites with upgraded finishes and amenities such as microwaves and refrigerators to reach out to the extended stay customer. In addition, the fitness center and the concierge lounge will be relocated to the tower with the executive suites to create a complete experience for the business traveler.

Sage Hospitality Appoints Bob Megazzini as General Manager at The Westin Cleveland Downtown

Sage Hospitality introduced the new general manager of The Westin Cleveland Downtown, Bob Megazzini. In his new position, Megazzini will lead the 484-room, contemporary, art-driven hotel in operations and guest services. Megazzini has an accomplished background in the hotel industry and brings more than 30 years of management leadership. Previously, he held positions as General Manager of the Marcus Hotels and Resorts property, The Cornhusker Marriott, and at multiple property locations with Marriott International.

Host Hotels & Resorts, Inc. Selects Sage Hospitality to Manage the Four Seasons Philadelphia Hotel Upon Conversion to A New Independent Luxury Hotel

Host Hotels & Resorts Inc. announced that as part of the company's efforts to reposition the Four Season's Philadelphia hotel to a third-party managed independent luxury hotel, the company has selected Sage Hospitality to manage the hotel starting in June 2015. Sage will be an integral partner in transforming the current Four Seasons to a new luxury hotel with a unique identity. Extensive multi-million dollar renovations including numerous value enhancement projects are expected to begin at the time of the management transition in June 2015. The hotel will be closed during the renovation period with a planned reopening in the fall of 2015. This hotel is the first choice for many business and pleasure travelers to the city given its central location, close to the financial and commercial districts, surrounded by museums, shopping and history on the culture hub of the Benjamin Franklin Parkway. The company expects that the transformed hotel will appeal to both long time loyal guest as well as the new generation of travelers and expects that the property will continue to be one of the top luxury hotels in Pennsylvania.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 22, 2015
The Curtis Hotel
 

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