News for the Hospitality Executive
Denver, CO (August 10, 2009) -- Sage Hospitality, a national leader in hotel management for luxury, full-service and select-service hotels, has been selected by Trinity Hotel Investors LLC, a global hotel real estate investment company based in New York to takeover management of three hotels in the Seattle, WA area. This is the fifth hotel management engagement for Sage with Trinity.
Starting July 1, Sage took over management of the three properties that consist of the Holiday Inn Renton (226 keys), the Hawthorne Suites Kent (152 keys), and the Courtyard by Marriott Lynnwood (164 keys).
“Sage has earned their reputation as a hotel turn-around expert,” said Alfred Frazzini, Principal with Trinity Hotel Investors LLC. “With the economy under stress, we appreciate the opportunity to partner with a hotel management team that has expertise in this kind of real estate cycle.”
“We are thrilled to enter into the Seattle market and welcome the chance to work once again with Trinity Hotel Investors, “ said Walter Isenberg, President & CEO, Sage Hospitality. “Our job is to maximize the potential for these hotels through positioning, exceptional guest service and efficiencies. We’ll also consider how the hotels can play a part in the local community.”
For information about the individual hotels, please visit:
Holiday Inn Seattle-Renton at http://www.ichotelsgroup.com/h/d/hi/1/en/hotel/seart
Hawthorne Suites - Seattle South/Kent at http://www.hawthorn.com/Hawthorn/control/Booking/property_info?propertyId0824&brandInfo=BH
Courtyard by Marriott Seattle North/Lynnwood Everett at http://www.marriott.com/hotels/travel/sealn-courtyard-seattle-north-lynnwood-everett/
About Sage Hospitality
Sage Hospitality is a privately held hotel management and development company known as a turnaround specialist. Founded in 1984, the company operates a diverse portfolio of large, full-service hotels and extended stay and select-service properties. Sage has demonstrated a level of expertise in hotel management that delivers better results for owners of hospitality real estate. For more information or to speak with a member of our team, please visit www.sagehospitality.com or call 303-595-7299.
About Trinity Hotel Investors
Established in 2002, Trinity Hotel Investors L.L.C. owns and invests in limited service, full service and luxury hotel real estate seeking three- and four-star hotels and five-star resorts domestically and luxury hotels in Europe. With decades of experience, Trinity has consummated more than $8.7 billion worth of hotel real estate transactions and advisory assignments. The current portfolio consists of 22 hotels comprising 5,075 keys with hotels across the United Sates and in London, England. Trinity pursues hotels that are attractively priced with potential for increased cash flow through improved asset- and property-level management, targeted renovation, and strategic repositioning. For additional information, please visit http://www.trinityhotels.com/index.html
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