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Sunstone Hotel Investors Awards Sage Hospitality the Management Contract
for the Hilton Del Mar in North County San Diego, California


 
DENVER, June 2, 2010 – Sage Hospitality, an established leader in hotel management, development and ownership, today announced that it has been awarded a contract to manage the Hilton Del Mar, an upscale hotel located in North County San Diego.  The Hilton Del Mar is minutes from beautiful beaches, shopping areas and restaurants, and is directly across the street from the Del Mar Fairgrounds and the famous Del Mar Racetrack.

“We are pleased that Sage Hospitality’s deep experience in successfully managing the very best hotels – branded and independent -- was recognized by Sunstone with this new management contract,” said Walter Isenberg, President and CEO, Sage Hospitality.  “Sage is a well-known manager among owners and across a broad array of flags, and we have been a leader in developing dedicated teams to successfully manage key hotel types – Premier & Lifestyle, Full Service and Select Service.

“The Hilton Del Mar is a perfect fit in our Full Service group, which represents an exciting area of growth for Sage Hospitality.  It is a unique urban resort hotel that appeals to both discerning business and leisure travelers.  We look forward to putting our expertise to work on behalf of Sunstone, as we maximize profitability and long-term value for this stunning property,” Isenberg concluded.


Hilton San Diego/Del Mar
15575 Jimmy Durante Blvd
Del Mar, California

Sage Hospitality has a proven track record in driving revenue and growing market share at its managed hotels, as shown by 2009 year-end results, with 75 percent of Sage-managed hotels gaining market share.  Some of Sage Hospitality’s strategies include unique revenue and marketing programs and proprietary expense control programs.  Sage Hospitality is also well-known for driving food and beverage revenues through the Sage Restaurant Group, which has been successfully engaging local market and hotel guests through unique and often award-winning restaurants since it was established in 2005.

The Hilton Del Mar is located at 15575 Jimmy Durante Blvd, Del Mar, California, United States 92014-1901, telephone 1-858-792-5200.  For more information on the Hilton Del Mar, please visit www.SanDiegoDelMarHilton.com.

About Sage Hospitality
Sage Hospitality is one of the largest privately-held hotel and restaurant management and development companies in the nation, operating 57 hotels and nine restaurants in 23 states with a total of 12,075 guest rooms.  Sage Hospitality owns and operates hotels representing a broad array of major international brands, including Starwood’s Luxury Collection, Westin, JW Marriott, Courtyard by Marriott, Sheraton, Doubletree, Renaissance and Hilton, as well as independent luxury hotels.  The unique restaurant concepts in the Sage Restaurant Group are instrumental in driving increased revenues and profitability to the hotel and restaurant business unit.  Sage Hospitality also helps owners achieve distinction in key areas such as design and sustainability, garnering LEED Gold and LEED Silver certifications.  Founded in 1984, Sage Hospitality is based in Denver with offices in New York City.  The company has approximately 6,000 employees.

About Sunstone 
Sunstone is a lodging real estate investment trust (“REIT”) that owns 29 hotels comprised of 10,966 rooms. Sunstone’s hotels are primarily in the upper upscale segment, and are generally operated under nationally recognized brands, such as Marriott, Fairmont, Hilton and Hyatt. For further information, please visit Sunstone’s website at www.sunstonehotels.com. 
 

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Contact: 

Kristin Celauro
732-291-5456 (office)
kristin@blicksilverpr.com

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Also See: Interstate Hotels & Resorts Agrees to Manage 54 Hotels Owned by Sunstone Hotels and Its Affiliates Following Completion of Sunstone IPO / August 2004
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