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Leigh Hitz Promoted to Chief Executive Officer of Stout Street Hospitality


Denver, Colo. – February 8, 2012 – Steve Holtze, chairman of the board for Stout Street Hospitality, recently announced that Leigh Hitz has been promoted to chief executive officer of the company. Hitz, most recently president of the company, has been with Stout Street for nearly 25 years since its original inception as the Steven Holtze Corporation.
 
“Leigh has been an integral part of this company’s growth for more than two decades,” said Holtze. “Her promotion is a part of a larger, strategic direction for the company as we continue to assess new development opportunities and growth initiatives.”
 
In her new role, Hitz will continue to oversee the day-to-day operations of the management company, including profitability and quality controls, while taking an even more active role in the development of new business opportunities.
 
As president of the company, she most recently led the company through a corporate identity change from Magnolia Hotels to Stout Street Hospitality. The hotel management company changed the name of its corporate entity to reflect its revamped goals of strategically expanding the company to include branded hotels and resorts, franchise opportunities, construction, extended stay and its core product – historic, independent boutique hotels.
 
In 2009, Hitz oversaw the development of a management agreement to expand the company’s portfolio to include LaSalle Hotel by Magnolia in Bryan, Texas. The company also added Houston Magnolia Hotel in 2003 under Hitz’s leadership.
 
Before ascending to her role as president, Hitz served in capacities of vice president of development and general manager for both the Dallas and Denver properties.  In her tenure as general manager, Hitz renovated and opened both historic urban hotels.
 
Prior to joining Stout Street, she held various sales and operations positions at independent and branded properties throughout Colorado.
 
A native of Aspen, Colo., Hitz grew up in the midst of the tourism industry. She received her bachelor’s degree in hotel/restaurant management from the University of Denver, and also completed the General Managers Program at Cornell University’s renowned Hotel School.
 
She is active with several hotel associations and convention bureaus and sits on the Daniels College of Business Fritz Knoebel School of Hospitality Management Executive Advisory Board. In 2008, Hitz and her husband, James, established a scholarship fund for female students pursuing a hospitality degree at the University of Denver’s School of Hotel, Restaurant and Tourism Management. The recipients are called “Hitz Scholars.” Hitz has previously been named a finalist for the Denver Business Journal’s “Business Woman of the Year” award. 

About Stout Street Hospitality
 
Stout Street Hospitality is a privately held hotel management and development company, which operates upscale boutique hotels catering to the sophisticated traveler. The company focuses on development, management, acquisition, re-branding, new construction and conversion of existing independent hotel properties. The core product line consists of award-winning, independent boutique hotels under the Magnolia brand that offer a style unlike that of trendy or branded hotels. The company currently operates hotels in Denver, Colo.; Dallas, Houston, and Bryan, Texas; and Omaha, Neb., and is exploring other markets for additional growth opportunities.  For more information, visit www.stoutstreethospitality.com.
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Contact: 

Kristin Yantis
Malen Yantis Public Relations
775) 351-7904
kyantis@myprco.com

Mike Pratt
Stout Street Hospitality
(303) 607-1127
mpratt@magnoliahotels.com


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Also See: Stout Street Hospitality Names Jim Finnegan as General Manager and Jasper Verlaan as Director of Sales for the 246-room Magnolia Hotel Denver in Colorado / February 2012

Magnolia Hotels Plans for Conversion of Durham, North Carolina's SunTrust Building into Boutique Hotel and Spa Moving Along / July 2011

Stout Street Hospitality Names Cindy Peaslee as General Manager of The LaSalle Hotel by Magnolia in Bryan, Texas / April 2011

Magnolia Hotels Branches Out as Stout Street Hospitality; Company Changes Name to Reflect Diversified Growth Strategy / April 2011

The Magnolia Hotel in Downtown Denver Names Sarah Louise Holtze to Hotel Manager / January 2010

The Magnolia Hotel Omaha Appoints James Finnegan as General Manager / December 2009

The 246 room Magnolia Hotel Denver Completes $7 million Renovation; Adds Complimentary Buffet Breakfast and Evening Happy Hour / July 2008

Denver-based Magnolia Hotels Acquires Sheraton Omaha; The 145 room Property Scheduled for $14 million Renovation and Repositioning to Omaha Magnolia Hotel / December 2006

Denver Hotelier Steve Holtze is Planting the Seeds of a New Hotel Chain; Creates Business Boutique Hotels in Wilted Downtown Office Buildings / July 2001
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