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.

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.