Aimbridge, Sage and Pyramid have added properties to their management portfolios.
Aimbridge Hospitality selected to manage HALL Arts Hotel
Aimbridge Hospitality, a leading global hospitality company, has added the HALL Arts Hotel, located in the Dallas Arts District, to be managed under its specialized full-service division operating branded full-service, resorts and luxury hotels.
The 183-room luxury hotel showcases Aimbridge’s focus on providing elevated and memorable guest experiences with unmatched operational excellence, the company reports.
“We are delighted to assume management of this iconic and beautiful hotel that has so much to offer,” said Rob Smith, divisional president, full-service, Aimbridge Hospitality. “Our team’s luxury expertise, unique approach in creating memorable, elevated guest experiences and delivering added value for owners will have a lasting impact.”
The hotel has more than 8,000 sq. ft. of meeting, conference and private events space, including the 2,500-sq.-ft. Grand Ballroom with views of performing arts venues and an urban garden, plus Lasvit chandeliers that glow in harmony with a Clare Woods piece.
“We are confident that Aimbridge’s wide-ranging expertise and extensive network of hotel properties will make them the ideal partner to further elevate the luxury hotel experience at HALL Arts Hotel,” said Craig Hall, developer, HALL Arts Hotel and founder/chairman, HALL Group.
Sage Hotel Management adds Denver’s Source Hotel + Market Hall
Sage Hotel Management, a Sage Hospitality Group company, has taken over management of The Source Hotel + Market Hall, a 100-room hotel and collection of retail spaces housing an array of independent retail and dining concepts in Denver’s River North (RiNo) Art District.
The property joins the Sage Independent Hotel Collection, which encompasses 13 other independent properties including Catbird and The Rally Hotel, both in Denver, and Hotel Per La in downtown Los Angeles, with more to be announced in the coming months. Recently acquired for $61.9 million by Stockdale Capital Partners, a Los Angeles-based real estate investment firm, the property will undergo renovations and improvements in the coming months.
“The addition of The Source Hotel + Market Hall to our growing independent portfolio and the start of a new business relationship with Stockdale Capital Partners is an excellent representation of our journey towards becoming the nation’s undisputable lifestyle hospitality company,” said Daniel del Olmo, president/COO, Sage Hotel Management. “For the past few years, we have been building out our team meticulously with experts in luxury, lifestyle and independent hospitality—from operations to sales, marketing and revenue and everything in between. We now have over 170 talented and passionate team members in our headquarters that are eager to deliver meaningful results to our owners and investors, while enriching lives, one experience at a time. We look forward to fully realizing the potential of this unique experience in RiNo Denver while bringing a new holistic perspective to the overall concept.”
Opened in 2018, The Source is home to 44,000 sq. ft. of on-site food and beverage including Safta, SMOK BBQ, Reunion Bread Co. and Temaki Den; a pool on the rooftop; 5,575 sq. ft. of event space; and fitness and business centers, as well as retail in the adjacent Market Hall locations. Sage Hospitality Group will work with Stockdale Capital Partners to build upon The Source’s success with significant investments in the property to refresh the hotel’s guestrooms, activate the lobby experience, create additional revenue drivers in the retail space and more, the companies report.
“The Source is an exciting addition to our portfolio of hotels across the country, and we’re thrilled to be working with an operator like Sage,” said Bill Doak, managing director, hospitality, Stockdale Capital Partners. “Their long tenure in the industry and incredible depth of experience in Denver, coupled with their understanding of creating unforgettable hospitality experiences made them the perfect fit for this asset. We look forward to working together to build on the property’s success and taking it to the next level.”
Pyramid Global Hospitality takes over management of NC Holiday Inn Express
Pyramid Global Hospitality has taken over management of the 118-room Holiday Inn Express Blowing Rock South in North Carolina.
Located in the Appalachian Mountains along the Blue Ridge Parkway, the recently renovated mountain getaway hotel is near such local attractions as Tweetsie Railroad, Grandfather Mountain Nature Preserve, four local ski resorts, Appalachian State University, Samaritan’s Purse and Watauga Medical Center.
Hotel amenities include an outdoor pool, fitness center, on-site business center, free WiFi throughout the building and a complimentary breakfast buffet served daily.