Sage Hotel Management

North America

Waldorf-Astoria to Open Residences in Colorado

PMG and Hilton are developing the Waldorf Astoria Residences in Denver Cherry Creek, introducing the luxury brand to Colorado with 37 high-end residences and exclusive amenities managed by Hilton.

Alan Woinski and Kim Woinski | 4 weeks ago

North America

Hotels Could Benefit From Cut in Interest Rates

Analysts expect the Fed's interest rate cuts to boost hotel REIT earnings, with Ashford Hospitality Trust and Braemar Hotel Trust being the biggest beneficiaries.

Alan Woinski | 2 months ago

North America

Jefferies Reports Lodging Stocks Show Improvement

Jefferies notes that lodging stocks tied to moderate to lower-end brands are outperforming due to economic stability, while higher-end brands are underperforming amid slower leisure travel and delayed interest rate cuts.

Alan Woinski and Kim Woinski | 2 months ago

North America

RLJ, Xenia, DiamondRock, and Chatham Report Earnings

Quarterly reports were mostly positive, but the week ended on a down note as hospitality stocks were down across the board.

Alan Woinski and Kim Woinski | 4 months ago

North America

Wyndham’s New Extended Stay Brand Has First Grand Opening

ECHO Suites Extended Stay by Wyndham opened its first location in Spartanburg, South Carolina, marking a milestone for the brand with a development pipeline of nearly 270 hotels.

Alan Woinski and Kim Woinski | 5 months ago

North America

CitizenM Pitches its Co-Working Benefits

CitizenM is expanding its membership program to offer co-working benefits, including inspiring spaces, premium amenities, and access to 34 global locations.

Alan Woinski and Kim Woinski | 5 months ago

North America

Ritz-Carlton Expands to Mexico’s Caribbean Coast

The Ritz-Carlton brand will make its debut on Mexico's Caribbean coast with The Ritz-Carlton Residences, Riviera Maya, featuring 127 residences, with sales and construction starting this year and the first phase debuting in 2026.

Alan Woinski and Kim Woinski | 6 months ago

North America

Las Vegas’ Mirage Hotel and Casino to Close

Hard Rock International will cease operations of The Mirage Hotel & Casino to begin transforming the venue into the Hard Rock Hotel & Casino and Guitar Hotel Las Vegas. The new resort will feature a guitar-shaped hotel nearly 700 feet in height.

Alan Woinski and Kim Woinski | 6 months ago

North America

Marriott International Expands Canadian Pipeline

Marriott International has significantly strengthened its presence in Canada, experiencing a 36% increase in hotel-level leisure revenue in 2023.

Alan Woinski and Kim Woinski | 7 months ago

North America

Hyatt Plans to Double Canadian Footprint by 2026

The DJIA jumped 490 points while Nasdaq surged 327. The S&P 500 rose 84 points and the 10-year treasury yield was down .19 to 4.44%, all on a low inflation report. HLT and HT hit new highs while…

Alan Woinski and Kim Woinski | 1 year ago