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Angela Landgraf Joins Sage Hospitality as Vice President of
Management Services and New Business Development

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Denver, CO -- April 15, 2008 - Sage Hospitality, a national leader in hotel development and management, announced that Angela Landgraf has joined the Sage team as Vice President of Management Services and New Business Development, part of the firm�s Acquisition and Development team.

�Angela brings over 14 years senior management experience in hotel real estate development and hotel operations in sales and marketing for leading international hotel companies,� said Walter Isenberg, President and CEO of Sage Hospitality. �She has a proven ability to identify market opportunities, develop action plans and execute strategies that increase profitability. We are thrilled to welcome her to the company.�

Landgraf will have responsibility for securing new projects by way of management contracts and tech service/pre-opening agreements for new and existing hotels being developed by institutional investors, real estate developers, REITs and/or municipalities. Securing of new projects and management contracts may be accompanied by the form of key money, mezzanine loans, subordinated debt, guarantees, sliver equity investments or any combination thereof. 

�Angela is a key addition to our team,� added Ken Geist, partner with Sage Hospitality. �She brings vast market knowledge, tremendous relationships with hotel owners, consultants and franchisors, and a proven ability to close business.�

Prior to joining Sage Hospitality, Landgraf was North Americas Director for New Business Development with the Intercontinental Global Development Group in San Jose, CA supporting all 7 independent hotel brands, including InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express, Hotel Indigo, Staybridge Suites, & Candlewood Suites. 

Prior to Intercontinental, she held several roles of increasing responsibility with Starwood Hotels and Resorts, including Senior Director, New Business Development at Starwood Real Estate Global Development Group in White Plains, NY. She also has previous experience with Concorde International Hotels and the Kimpton Hotel & Restaurant Group.

Landgraf holds her degree from Regis University in Denver.

About Sage Hospitality 
Founded in 1984, Sage Hospitality has strategically grown into one of the largest privately held hotel management and development companies in the nation and is recognized as a leading innovator in the field. During the past eight years, the Denver-based firm has completed more than $600 million in acquisition and development projects, using some of the most unique financing structures in the industry. Sage Hospitality's comprehensive management portfolio includes major international brands as well as independent boutiques and hotels, including the Oxford Hotel in Denver.

In 1997, Sage Hospitality pioneered the company's urban redevelopment initiative converting the blighted Joslin's department store in downtown Denver into a showplace Courtyard by Marriott. Since then, Sage Hospitality has preserved and transformed five additional, underused national landmark buildings into award-winning hotel properties that serve as important catalysts for downtown revitalization. Projects include the historic Blackstone hotel in Chicago and the upcoming Portland hotel The Nines in the historic Meyers and Frank building. For more information, please visit www.sagehospitality.com 

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Contact:

Sage Hospitality
Antonette Smith 
1512 Larimer, Suite 800
303.595.7267
Denver, CO 80202
 

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Also See: Sage Hospitality Resources Opens The Legendary Blackstone--A Renaissance Hotel; Chicago's Finest Example of a Turn-of-the-Century Luxury Hotel Transformed by a $128 Million Preservation Project / Exclusive Photos / March 2008
Greg Mount and Brian Nordahl Appointed by Sage Hospitality to Direct Hotel Acquisitions; Company Plans to Double Portfolio by 2010 / January 2007
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