2014

Kenneth Widmaier named Chief Operating Officer at Sage Hospitality

DENVER, June 5, 2013 /PRNewswire-iReach/ -- Sage Hospitality, one of the leading hotel investment and management companies in the U.S., is pleased to announce that it has named Kenneth Widmaier as Chief Operating Officer of Hotels.

(Photo: http://photos.prnewswire.com/prnh/20130605/CG26860)

Widmaier joins Sage from Destination Hotels & Resorts, where he most recently served as the Senior Vice President of Operations overseeing a portfolio of 12 hotels with more than $300 million in annual revenue. He spent more than 20 years with Destination Hotels, working with major hospitality brands and independent hotels, as well as the investor community.

Prior to Destination Hotels, Widmaier spent 15 years in management at Marriott Hotels & Resorts, where he honed his operational expertise in a variety of locations, including Pittsburgh, Boston and Los Angeles. He is a graduate of Florida International University and also holds a Hotel Real Estate Investments and Asset Management Certificate from Cornell University.

"Ken is an extraordinary leader with proven expertise in ensuring long-term planning and strategic direction for new and existing properties. He has been instrumental in driving revenues throughout his portfolio and has extensive experience working closely with large institutional investors," said Walter Isenberg, President and CEO of Sage Hospitality. "Ken also has an impressive track record of building effective teams and developing individual talent, something we value highly at Sage."

Widmaier also embodies Sage's strong commitment to community involvement, working with his local Boys & Girls Club in Maryland and the Rotary Club in California, where he supported children with disabilities.

To learn more about Sage Hospitality and to view the management company's full portfolio, visit www.sagehospitality.com.

About Sage Hospitality

Founded in 1984, Sage Hospitality has strategically grown into one of the largest privately held hotel management, investment and development companies in the nation operating a variety of large, full-service hotels and extended stay and select-service properties. Sage Hospitality's comprehensive management portfolio includes major international brands for Marriott, Starwood, Hilton and IHG as well as the independent boutique hotels. Sage Hospitality has further differentiated with the creation of the Sage Restaurant Group, which has created and is managing over nine unique restaurant concepts including the acclaimed Mercat a la Planxa restaurant in Chicago. For more information, please visit www.sagehospitality.com.

Media Contact:

Kate Davis Sage Hospitality, 303-595-7259, katherine.davis@sagehospitality.com

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SOURCE Sage Hospitality



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