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.

Contact Data
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Executives & Employees

Co-Founder

Co-Founder, SAGE Restaurant Group

Chief Financial Officer

General Manager-the Westin Cleveland Downtown

General Manager

Executive Vice President & Partner

General Manager

General Manager

General Manager

Director National Accounts

Board of Directors

Founder at Colorado Succeeds

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Recent Transactions
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Sage Hospitality Resources LLC purchases Hyatt Place Baltimore/Inner Harbor Hotel

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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

Transaction Advisors
Investment Advisor

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

Investment Advisor

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

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 is a real estate investment trust, which engages in the investments and acquisition in hotel properties. it includes cities in United States, such as Atlanta, Boston, Los Angeles, Miami, Minneapolis, Nashville, Naples, Philadelphia, Portland, Santa Monica, San Diego, San Francisco, Seattle, and Washington. The company was founded by Jon E. Bortz on October 2, 2009 and is headquartered in Bethesda, MD.

DiamondRock Hospitality We are a lodging-focused real estate company that owns a portfolio of 27 premium hotels and resorts that contain approximately 11,600 guestrooms and a senior mortgage loan secured by another hotel. We are an owner, as opposed to an operator, of the 27 hotels in our portfolio. As an owner, we receive all of the operating profits or losses generated by our hotels after we pay fees to the hotel managers, which are based on the revenues and profitability of the hotels. Our vision is to be the premier allocator of capital in the lodging industry. Our mission is to deliver long-term stockholder returns through a combination of dividends and long-term capital appreciation. Our strategy is to utilize disciplined capital allocation and focus on acquiring, owning, and measured dispositions of high quality, branded lodging properties in North America with superior long-term growth prospects in markets with high barriers-to-entry for new supply. In addition, we are committed to enhancing the value of our platform by being open and transparent in our communications with investors, monitoring our corporate overhead and following sound corporate governance practices. Consistent with our strategy, we continue to focus on opportunistically investing in premium full-service hotels and, to a lesser extent, premium urban limited-service hotels located throughout North America. Our portfolio of 27 hotels is concentrated in key gateway cities and in destination resort locations. All of our hotels are operated under a brand owned by one of the leading global lodging brand companies (Marriott International, Inc.™ (“Marriott”), Starwood Hotels & Resorts Worldwide, Inc.™ (“Starwood”) or Hilton Worldwide™ (“Hilton”)

Key Stats and Financials As of 2018
Market Capitalization
Total Enterprise Value
Earnings Per Share
Revenue
$407M
Non-Profit Donations & Grants
$1,000 - $4,999
2014
$100 - $249
2011
$100K - $500K
2006