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US: Denver-based hotel owner and operator Sage Hospitality has appointed Michael Everett as chief investment officer.
Everett is returning to Sage after spending 10 years at Colorado’s Destination Hotels & Resorts, where he most recently served as senior vice president of hospitality investments. Everett is a graduate of Cornell University’s School of Hotel Administration, a member of the Cornell Society of Hotelmen and a regular speaker on hotel investment at industry conferences.
Walter Isenberg, president and chief executive officer of Sage Hospitality, said: “Michael broadens our investment and capital markets expertise as we enter this next cycle of investment,” said . “We believe the market will present us with significant opportunity, and Michael brings new skills to our already superb acquisition efforts. Sage has never been better positioned to co-invest with the industry’s leading hotel investors.”
Sage describes itself as being “in a period of aggressive growth; pursuing acquisition and repositioning opportunities ranging from $25 million to $300 million in major markets across the United States”.
It is one one of the largest privately held hotel management and ownership companies in the US, operating more than 60 full-service hotels. Its portfolio includes major international brands and independent boutique hotels.
www.sagehospitality.com
14/06/11
