Sage Hospitality Adds Two Hotels with RLJ Lodging Trust on the West Coast

The Embassy Suites Irvine - Orange County Airport and Sage's Courtyard by Marriott Portland City Center Hotels Under New Management Agreement

DENVER, May 23, 2014 /PRNewswire-iReach/ -- Sage Hospitality has announced the management contracts of two hotels along the West Coast with RLJ Lodging Trust.  Furthering an aggressive growth strategy, this is Sage's fourteenth new contract in 2014.  Already under Sage's management services is the Courtyard Portland City Center in Oregon, which the top hotel investment and management company developed and uniquely branded in 2009.  New to the Sage portfolio is the Embassy Suites Irvine – Orange County Airport in California.

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"These hotels represent the third and fourth properties that Sage manages for RLJ, and it was a very successful collaboration to acquire this off market opportunity," said Michael Everett, Chief Investment Officer at Sage.  "We are excited to continue managing the Courtyard Portland City Center and we look forward to continuing our growth in California."

The Embassy Suites Irvine further extends Sage's presence in Southern California after the February opening of the new SpringHill Suites Downtown Oceanside and the longstanding management contract of the Hilton Del Mar/San Diego.  The Embassy Suites is one of the premier suite hotels in Irvine and is only one mile from John Wayne/Orange County Airport.  Offering a home away from home that's nearby to attractions such as Disneyland Resort, University of California-Irvine and the Anaheim Convention Center, the full service hotel also boasts the Embassy Suites' complimentary cooked-to-order breakfast and a full bar with snacks at the Evening Reception. 

The Courtyard Portland City Center is housed inside a former office building that was redeveloped and Marriott branded by Sage.  The hotel provides a boutique experience in the downtown Portland landscape.  It is the first LEED Certified Gold Courtyard in the United States and features Urban550, with 5,300 square feet of hip meeting space, perfect for events in need of a creative touch.  Adjacent to the hotel is The Original Dinerant, an original concept by Sage Restaurant Group and restaurateur Peter Karpinski.

To learn more about Sage Hospitality and its growing portfolio of high performing hotels across the United States visit www.sagehospitality.com.

About Sage Hospitality

Founded in 1984, Sage Hospitality has strategically grown into one of the largest privately held hotel investment, management 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



2014

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Money, Health & Living


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Hotels and Resorts, Leisure & Tourism, Travel Industry, Acquisitions, Mergers and Takeovers




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