Host Hotels Selects Sage to Manage Philadelphia's Four Seasons Upon Conversion to Independent Hotel
December 16, 2014 11:01am
Sage will be an integral partner in transforming the current Four Seasons to a new luxury hotel with a unique identity. Extensive multi-million dollar renovations including numerous value enhancement projects are expected to begin at the time of the management transition in June 2015. The hotel will be closed during the renovation period with a planned reopening in the fall of 2015. This hotel is the first choice for many business and pleasure travelers to the city given its central location, close to the financial and commercial districts, surrounded by museums, shopping and history on the culture hub of the Benjamin Franklin Parkway. The Company expects that the transformed hotel will appeal to both our long time loyal guest as well as the new generation of travelers and expects that the property will continue to be one of the top luxury hotels in Pennsylvania.
"We are very excited about this value enhancement opportunity to redevelop this landmark hotel. Sage's wealth of experience with lifestyle hotels, combined with their highly successful and profitable restaurant division will make a critical contribution to the redevelopment of this asset. We expect that the transformation will drive meaningful value at this hotel," said, Minaz B. Abji, executive vice president, Asset Management.
* This press release contains registered trademarks that are the exclusive property of their respective owners. None of the owners of these trademarks has any responsibility or liability for any information contained in this press release.
Tags: host hotels,
Sage Hospitality Appoints Barbara Piagari as Director of Sales and Marketing for The Elizabeth Hotel
Sage Hospitality Names Luis San Martin Director of Food & Beverage at Embassy Suites by Hilton & Hilton Garden Inn Opening this Fall in Boulder
Sage Hospitality Appoints Scott Sloan as General Manager of The Elizabeth Opening Soon in Fort Collins, Colorado
Host Hotels & Resorts Appoints Michael D. Bluhm Executive Vice President and Chief Financial Officer to Succeed Gregory Larson Entering Retirement
Sage Hospitality Names Kathleen Bates General Manager of Dual-Branded Embassy Suites and Hilton Garden Inn Opening in Boulder
DoubleTree by Hilton Opens in Atlanta Perimeter Following $12M Transformation
McWHINNEY Acquires 123-Room Hyatt House Denver Airport
Managed by Sage Hospitality, Embassy Suites by Hilton Denver Downtown Convention Center Completes Renovation
Sage Hospitality Appoints Tobias Arff General Manager and Kelly McCourt Director of Sales & Marketing for The Darcy, Washington, D.C.
Owned by KHP Capital Partners and Managed by Sage Hospitality, The Darcy Washington D.C. Joins Curio Collection by Hilton
Sage Hospitality Opens The Maven Hotel at Dairy Block in Denver
Sage Hospitality Names Mustafa Menekse Area Director of Sales Overseeing Denver's The Crawford, The Oxford & The Maven Hotels
Sage Hospitality Appoints Gerry Link as General Manager for The Maven Hotel, Denver
Sage Hospitality Names Bess Miller General Manager of Denver’s the Curtis – a DoubleTree by Hilton
Sage Hospitality Completes Renovation and Expansion of The Denver Marriott Tech Center
The Courtyard by Marriott Denver Downtown Launching Multi-Million Renovation in Early 2017
Sage Hospitality Appoints Kimberly Terry-LeDoux as Director of Sales and Marketing of The Blackstone, A Renaissance Hotel
Sage Hospitality and BMC Investments Open Newly-Built Halcyon, A Hotel in Cherry Creek, Colorado
Sage Hospitality Appoints Mike Case as New General Manager of Denver Marriott TechCenter
Sage Hospitality names Kara Akers Associate Director of Sales at The Oxford Hotel & The Crawford Hotel
Please login or register to post a comment.