Sage Hotel Management Grows Portfolio of Lifestyle Hotels with Addition of Moxy Denver Cherry Creek

Sage Hotel Management, a Sage Hospitality Group company, announced today the addition of Moxy Denver Cherry Creek to its portfolio of managed properties. The addition of Moxy Denver Cherry Creek brings Sage Hotel Management’s growing portfolio of luxury, lifestyle, branded and soft-branded hotels to 58 properties in 18 states, 14 of which are in the Denver metro area.

“We’re thrilled to grow our partnership with RLJ Lodging Trust with the addition of this property to our portfolio and have excitedly welcomed the property team to the Sage family,” said Daniel del Olmo, President and COO of Sage Hotel Management. “Moxy Denver Cherry Creek is a perfect addition to our growing portfolio of lifestyle hotels. Given our strong presence in the Denver market and our long history in Cherry Creek, we look forward to lending our expertise to this operation.”

Denver continues to be a top growth market in the nation that is attracting population and corporations. Located in Denver’s posh Cherry Creek North neighborhood, Moxy Denver Cherry Creek is the perfect home base for guests looking to explore all that Denver has to offer. Just steps from some of the best shopping and dining in the city, the hotel is also within close proximity to Denver’s vibrant downtown. Guests can recharge in the stylish hotel rooms that feature functional furniture, large flat-screen televisions, cozy chairs, lightning-fast Wi-Fi and eclectic art; many accommodations also boast mountain views. The hotel also invites guests to play games in the living room, indulge in creative cocktails and cuisine at the Moxy Bar and savor every morsel and sip at our outdoor Cherry Creek Beer Garden.

“We have partnered with Sage Hospitality Group and its companies for many years, and look forward to the operational expertise they will bring to Moxy Denver Cherry Creek,” commented Leslie D.

Hale, President and Chief Executive Officer of RLJ Lodging Trust. “Their deep experience not only in Denver, but in Cherry Creek, make them the ideal operator for this asset.”

When evaluating any new business opportunity, Sage Hospitality Group closely assesses how the four companies within the enterprise – Sage Hotel Management, Sage Restaurant Concepts, Sage Studio and Sage Investments – can provide meaningful competitive advantage to both the asset and ownership partners.

• Sage Hotel Management is a collective of creative and relationship driven individuals who live to serve guests and partners with creativity and passion. A group of hoteliers who have led the way in defining experiential hospitality while maintaining a reputation as best-in-class operators, the Sage Hotel Management team is deeply invested in managing independent, soft-branded, luxury and lifestyle hotels from coast to coast.
• Sage Restaurant Concepts, founded in 2005, is a family of seasoned restaurateurs committed to consistently crafting exceptional experiences that forge a bond with guests, enrich communities and empower people. Sage Restaurant Concepts creates industry-leading restaurant and bar concepts with soul for the people who live, work and play in the communities they serve.
• The recently launched Sage Studio gives structure to what Sage has long been known for: creating places people want to go to, not through. Sage Studio is dedicated to creating spaces that fuse creativity and ingenuity to light the way for a new standard in hospitality. From restaurants, to branded hotels, to soft brands and independent properties, Sage Studio creates brands rooted in concise and exciting messaging that allows those businesses to tell their unique story.
• Sage has developed a reputation as not just as a strong operator, but as a great and determined investment partner thanks to the dedication of the team at Sage Investments and their deep understanding of markets and risk. Whether investing for the short term or long term, Sage Investments strives to achieve outsized returns for its partners by finding and adding value in unique and proprietary ways.

In addition to the value created for partners through its four companies, Sage has invested several million dollars in the creation of a holistic platform which includes revenue generation support, customer relationship management and centralized accounting and procurement services as well as human resources, labor productivity and property management systems.