Hotel Online
News for the Hospitality Executive


advertisement



James Sabatier Named President and Chief Operating Officer
of Destination Hotels & Resorts

LOS ANGELES – March 27, 2012 - Lowe Enterprises, a Los Angeles-based leading national real estate investment, development and management firm, announced today that James “Jamie” Sabatier has been named president and chief operating officer of Destination Hotels and Resorts, the firm’s hospitality management subsidiary.  Established in 1973, the Destination collection of unique properties now includes a distinctive portfolio of nearly 40 award-winning hotels, resorts, and conference centers.
 
“Jamie is a skilled and innovative leader who shares our vision for the future of Destination Hotels and Resorts,” said Robert J. Lowe, Jr., co-president of Lowe Enterprises.   “With 25 years of experience both inside and outside the hospitality industry, he is well-suited to guide Destination Hotels and Resorts through a new phase of growth.”
 
As a senior executive with Starwood Hotels and Resorts, Sabatier was part of the team that led the W Hotels brand to industry prominence, involved in determining the strategic direction, positioning and growth plan for the brand.  During his tenure, W Hotels’ portfolio and its active pipeline grew significantly.  Sabatier also oversaw Starwood’s global investment team as it completed approximately 50 corporate and real estate transactions including the Le Meridien mezzanine investment and brand acquisition and the $600 million acquisition of Vistana, its residential, fractional and vacation ownership company.

Prior to his time at Starwood, Sabatier was a senior member of the investment banking division of Montgomery Securities where he led the completion of merger, acquisition and equity transactions totaling more than $1 billion.  He began his career in investment banking with Lehman Brothers and, before that, Coldwell Banker Commercial.  Most recently, as the head of J. Sabatier & Company, he has acquired commercial real estate assets while guiding the successful turnaround of a family-owned business.  He earned his bachelor’s degree in history from Brown University and his MBA in finance from Northwestern University’s Kellogg Graduate School of Business.

<>After more than a year of planning for transition, Sabatier will take the helm from retiring-president Charles S. Peck who has led the company for 15 years of exceptional growth and profitability.  Under Peck’s leadership, Destination Hotels and Resorts has grown to be currently ranked the third largest hotel management company in the U.S. (Hotel Business) and has just completed another year of significant growth, adding seven properties to its management roster over the last 12 months.  “Charlie built a strong leadership team that is a great legacy for the firm as we transition to new leadership,” added Lowe.  “We will continue to benefit from his keen business skills and passion for the hospitality business as he works with us on future strategic projects.” The firm currently manages nearly 40 hotel, resort, and resort condominium properties nationwide with a total of more than 9,100 guest rooms.  Sabatier will assume his new role on April 9. 

About Lowe Enterprises

Los Angeles-based Lowe Enterprises is a leading national real estate investment, development and management firm.  Over the past 40 years, it has developed, acquired or managed more than $17.5 billion of real estate assets nationwide.   Lowe is currently responsible for more than $5 billion of commercial, hospitality and residential assets.   In addition to its Los Angeles headquarters, Lowe Enterprises maintains offices in Southern California, Northern California, Denver and Washington, D.C.  Founded in 1972, Lowe Enterprises is marking its 40th year anniversary in 2012.  For further information on Lowe’s activities, please visit: www.LoweEnterprises.com
 
About Destination Hotels & Resorts
Destination Hotels & Resorts is a privately held hospitality management company headquartered in Colorado. With nearly 40 independent, luxury and upscale hotels, resorts and golf clubs, Destination is the third largest hospitality management company in the country. The company’s portfolio features more than 9,100 guest rooms, 16 golf courses and 16 full-service spas. Destination Hotels & Resorts properties are located in key metropolitan and resort markets including Washington, D.C., Seattle, Denver, San Diego, Santa Fe, Aspen, Austin, Phoenix, Portland, Palm Springs, Palos Verdes, Maui and Lake Tahoe. The company is a subsidiary of Los Angeles-based investment, development and management firm Lowe Enterprises.
 
For a complete list of properties in the Destination Hotels & Resorts collection, please visit www.destinationhotels.com.
.
Contact: 

Casey & Sayre
Karen Diehl, 310-473-8090
kdiehl@cswpr.com


.
Receive Your Hospitality Industry Headlines via Email for Free! Subscribe Here  

To Learn More About Your News Being Published on Hotel-Online Inquire Here

See Also: Officially Opened by JFK in 1963, Washington, D.C.’s Historic 356-room Madison Hotel Completes $20 million Restoration; Owned by Jamestown and Managed by Destination Hotels & Resorts / March 2012

L'Auberge Del Mar in California Names New Sales Team; Robert Harter, Jeffrey Livingston, Christina Benson and Lindsey Dollahon Join the 120-room Resort Managed by Destination Hotels & Resorts / February 2012

Destination Hotels & Resorts to Manage the 296-room Lansdowne Resort in Leesburg, Virginia / February 2012

Kara Owen Named as Director of Group Sales for the Skamania Lodge in Stevenson, Washington Managed by Destination Hotels & Resorts / February 2012

Destination® Hotels & Resorts Selected to Manage the 257-room Valley River Inn in Eugene, Oregon / October 2011

Destination Hotels & Resorts Names Steve Sackman Regional Vice President of Sales and Marketing / July 2011

Destination Hotels & Resorts to Manage The Woodmark Hotel, Yacht Club & Spa in Kirkland, Washington; John T. Murphy Named General Manager / June 2011

Destination Hotels and Resorts Appoints Cody Vasek as Executive Chef at Stowe Mountain Lodge in Stowe, Vermont / June 2011

Destination Hotels & Resorts Appoints Jim Horsman as Managing Director, Gavin Phillip as Hotel Manager and Doug Camp as the Director of Sales and Marketing at the 353-room Madison Hotel in Washington, D.C. / May 2011

Andre Fournier Appointed Senior Vice President of Sales & Marketing for Destination Hotels & Resorts / April 2011

Destination Hotels & Resorts Launches Kids Healthy Recipe Contest in Support of National Nutrition Month in March; Program Supports Company’s Commitment to Healthy Eating Through Kids Café Menus / March 2011

Destination Hotels and Resorts Appoints Heinrich von Puschendorf as Director of Operations at Stowe Mountain Lodge in Stowe, Vermont / February 2011

Destination Hotels & Resorts Appoints Amanda Acosta as Director of Sales for The Hotel Telluride / January 2011

Destination Hotels & Resorts Selected to Manage the 353-room Madison Hotel in Washington, D.C.; Jim Horsman Appointed Managing Director / January 2011

Seven Destination Hotels & Resorts Properties Listed Among the Best of the Best in North America by the Readers of Conde Nast Traveler; Destination’s Stowe Mountain Lodge Makes the Top 100 in the World List / November 2010

Lowe Enterprises Secures $100 Million Capital Investment for Terranea Resort, Positioning it for Long Term Success; Lowe’s Subsidiary, Destination Hotels & Resorts, Continues as Operator / October 2010

Steve Sackman and Nancy Lindemer Appointed Chair and Vice Chair Respectively for the International Association of Conference Center's Marketing Committee / October 2007
.

To search Hotel Online data base of News and Trends Go to Hotel.OnlineSearch

Home | Welcome | Hospitality News
| Industry Resources

Please contact Hotel.Online with your comments and suggestions.