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Destination Hotels & Resorts to Manage the 314-room Hotel Derek in
Houston, Texas, Recently Acquired by Lowe Enterprises Investors

Englewood, Colo. – July 2, 2012Destination Hotels & Resorts, a leading hotel management company, announced today that it will manage Hotel Derek, a Houston, Texas hotel acquired by affiliated company Lowe Enterprises Investors (LEI) on behalf on an investment joint venture. This latest addition to Destination’s portfolio of 40 hotels and resorts across the country is a result of the company’s aggressive growth strategy in 2012 led by the newly appointed president and chief operating officer, Jamie Sabatier. Hotel Derek marks the 13th city hotel in Destination’s urban collection. Within the past 18 months, Destination Hotels & Resorts has added urban properties in Chicago, Washington, DC, Seattle and Eugene to its portfolio.

The Hotel Derek offers 314 guest rooms including 10 suites and 16 business studio rooms. The hotel is located in the heart of Houston’s fashionable Galleria district and adjacent to the upscale neighborhoods of River Oaks, Tanglewood, and trendy Uptown. Hotel Derek is surrounded by Houston’s most prestigious shopping, entertainment and dining venues. This pet-friendly hotel offers an outdoor pool, 24/7 fitness center, 24-hour business center and complimentary high-speed Internet access. Hotel Derek provides a versatile venue for business or social gatherings with over 10,000 square-feet of event and meeting space that can accommodate groups of 10 to 500. Two executive boardrooms are available for executive retreats and intimate meetings or the Bravo Ballroom’s 4,800 square-feet can hold up to 360 people. Guests and hotel visitors can dine or enjoy cocktails at the hotel’s popular restaurant, Valentino Vinbar Houston.

“The Hotel Derek is an important addition to our increasing urban footprint throughout the country,” said Jamie Sabatier, president and chief operating officer, Destination Hotels & Resorts. “We are excited to return to the Houston area, especially during this current period of strong growth in the market.”

To further enhance the hotel, LEI will implement a capital improvement program of at least $4.5 million to upgrade meeting space, guest rooms and the guest room corridors.

Destination Hotels & Resorts has a history of successful hotel management in key Texas cities. Destination currently manages The Driskill Hotel in downtown Austin, Texas. Hotel Derek will benefit from the Destination customized marketing solutions and platform of sales and marketing resources, including national sales offices, Destination Earth, Destination Meeting Collection, the loyalty program, Destination Delivers and synergy with the company’s current urban hotel collection.

About Destination Hotels & Resorts
Destination Hotels & Resorts is a privately held hospitality management company headquartered in Colorado. With 40 independent, luxury and upscale hotels, resorts and golf clubs, Destination is the fourth largest hospitality management company in the country. The company’s portfolio features more than 9,600 guest rooms, 18 golf courses and 16 full-service spas. Destination Hotels & Resorts properties are located in key metropolitan and resort markets including Los Angeles, Chicago, Boston, Phoenix, Santa Fe, Aspen, Lake Tahoe, Seattle, Denver, Austin and San Diego. The company is a subsidiary of Los Angeles-based investment, development and management firm Lowe Enterprises and the Lowe Hospitality Group.

For a complete list of properties in the Destination Hotels & Resorts collection, please visit

Ashley D Cothran
Turner PR
303.333.1402 (o)
314.680.7027 (c)

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See Also: Destination Hotels & Resorts Appoints Frank Leone as General Manager of the Newly-Branded MileNorth, a Chicago Hotel / May 2012

Lloyd Williams Named General Manager of the 310-key Lansdowne Resort in Leesburg, Virginia; Resort is Owned by LaSalle Hotel Properties and Managed by Destination Hotels & Resorts / May 2012

James Sabatier Named President and Chief Operating Officer of Destination Hotels & Resorts / March 2012

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

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