Sage Hospitality Resources LLC

Sage Hospitality Resources LLC

Sage Hospitality Resources LLC

Overview
Date Founded

1984

Headquarters

1575 Welton Street,Suite 300,Denver, CO 80202

Type of Company

Private

Employees (Worldwide)

5,700

Industries

Hotels, Resorts, and Cruiselines

Company Description

Sage Hospitality Resources LLC engages in hotel and leisure services. It offers management services for Sage Hotels and Sage Restaurant Group. The company was founded by Walter L. Isenberg and Peter Karpinski in 1984 and is headquartered in Denver, CO.

Executives & Employees

Co-Founder

Co-Founder, SAGE Restaurant Group

Chief Financial Officer

Chief Investment Officer

Chief People Officer

General Manager-the Westin Cleveland Downtown

General Manager

Executive Vice President & Partner

General Manager

General Manager

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Sage Hospitality Resources LLC
Recent Transactions
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Sage Hospitality Resources LLC purchases Homewood Suites By Hilton Washington D.C. - Capitol Navy Yard

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Sage Hospitality Resources LLC, Whitman Peterson Capital Partners purchase Holiday Inn Atlanta-Perimeter /Dunwoody from InterContinental Hotels Group Plc

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Carey Watermark Investors 2, Inc. purchases Embassy Suites By Hilton Denver Downtown Convention Center from Sage Hospitality Resources LLC

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Transaction Advisors
Investment Advisor

Advised onSage Hospitality Resources LLC, Whitman Peterson Capital Partners purchase Holiday Inn Atlanta-Perimeter /Dunwoody from InterContinental Hotels Group Plc

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Investment Advisor

Advised onSage Hospitality Resources LLC, Whitman Peterson Capital Partners purchase Holiday Inn Atlanta-Perimeter /Dunwoody from InterContinental Hotels Group Plc

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Clients

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust focused on acquiring premium-branded, focused-service and compact full-service hotels. The Company's portfolio consists of 145 hotels in 21 states and the District of Columbia, with a total of more than 21,600 rooms. Our hotels are geographically diverse and concentrated in major urban areas and dense suburban markets that provide multiple demand generators from business, leisure and other travelers. At the same time, as a result of high construction costs and the density of these urban and suburban markets, these locales provide significant barriers to entry. We believe that our investment strategy and the current market environment present attractive opportunities for us to acquire additional hotels with significant upside potential. The company is a self-advised and self-administered Maryland real estate investment trust and is traded on the New York Stock Exchange under the stock symbol "RLJ". Our strategy is to invest in focused service and compact full-service hotels, which typically generate most of their revenue from room rentals, have limited food and beverage outlets and meeting space, and require fewer employees than larger hotels. We believe that such premium-branded, focused-service hotels have the potential to provide attractive returns relative to other hotel types due to their ability to generate revenue per room comparable to that of full-service hotels, while providing higher profit margins as a result of a more efficient operating model and less volatile cash flows. Our hotels operate under well-recognized global brands, including Courtyard by Marriott, Residence Inn by Marriott, Hilton Garden Inn, Homewood Suites by Hilton, Hyatt Place and Embassy Suites and we maintain strong relationships with these leading franchisors. The company became publicly-traded in May 2011 and was formed to succeed to the hotel investment and ownership platform of RLJ Development and its two remaining lodging-focused private equity funds, RLJ Lodging Fund II, LP and RLJ Real Estate Fund III, LP. RLJ Development was co-founded in 2000 by Robert L. Johnson, our Executive Chairman, and Thomas J. Baltimore, Jr., our President and Chief Executive Officer, and, over more than 10 years of operations, the company has developed significant expertise in acquiring and asset managing focused service and compact full-service hotels. Our experienced senior management team, which operated the company's predecessor, is comprised of seasoned professionals with extensive industry relationships and asset management experience that will allow us to continue to compete effectively for acquisition activities and generate strong internal growth. In addition, we plan to enhance the value of this platform by being open and transparent in our investor communications and following sound corporate governance practices

Pebblebrook Hotel Trust operates as a real estate investment trust. It invests in, manages, and operates hotels and resorts. The company was founded by Jon E. Bortz on October 2, 2009 and is headquartered in Bethesda, MD.

Host Hotels & Resorts, Inc. is a premier lodging real estate company. We own high quality lodging assets in prime urban, airport and resort/convention locations. Creating value through aggressive asset management and disciplined capital allocation to generate superior performance, we endeavor to maximize shareholders’ returns through a combination of dividends, growth in funds from operations and increasing asset value. Our strategy to accomplish this mission includes: acquiring existing luxury and upper upscale full-service hotels as market conditions permit, including hotels operated by leading management companies which satisfy our investment criteria such as Marriott, Ritz-Carlton, Four Seasons, Hyatt, Hilton, W, Westin, Sheraton and Fairmont. Such acquisitions may be completed in various ways including transactions involving entities in which we are already a partner, public and private portfolio transactions, single asset transactions, and entering into joint ventures; maximizing the value of our existing portfolio through aggressive asset management. We will work with the managers of our hotels to reduce operating costs and increase revenues, as well as conducting selective capital improvements and expansions designed to improve operations; developing new luxury and upper upscale full-service hotels operated by leading management companies; employing transaction structures which mitigate our risk; and recycling capital through opportunistic asset dispositions and selective disposal of non-core assets, including older assets with significant capital needs, assets that are at a competitive risk given potential new supply, or assets in slower-growth markets. We believe Host Hotels & Resorts, Inc. has the best assets, best management and best operators in the industry. Today, our portfolio consists of luxury and upper upscale hotels in difficult to duplicate downtown and resort locations. We continually strive to make the best better, investing in maintenance and property enhancements to meet the needs of our guests and drive future revenue growth. We are confident we can achieve our goal to be the premier lodging real estate company. We look forward to delivering on that commitment in the months and years to come

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Key Stats and Financials As of 2017
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$426M
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Non-Profit Donations & Grants
$1,000 - $4,999
2014
$100 - $249
2011
$100K - $500K
2006
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Suppliers
HFF, Inc. Real Estate | Pittsburgh, PA

As one of the largest and most successful commercial real estate capital intermediaries in the country, HFF incorporates capital markets knowledge with local real estate expertise to successfully complete any type of real estate transaction, regardless of size or complexity. HFF consistently maintains the capital markets relationships critical to accomplishing your specific needs in today's highly complex and rapidly shifting capital markets environment. HFF's unique knowledge, broad capital markets relationships and national platform enable us to arrange the most favorable financing/equity raise or sale for your commercial property. With a history of performance spanning more than 30 years, we offer the services of more than 500 experienced industry professionals who operate from offices in major and secondary markets throughout the country.

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