Angela Landgraf Joins Sage as VPMS&BD

. October 14, 2008

DENVER, CO, April 15, 2008. Sage Hospitality, a national leader in hotel development and management, announced that Angela Landgraf has joined the Sage team as Vice President of Management Services and New Business Development, part of the firm's Acquisition and Development team.

"Angela brings over 14 years senior management experience in hotel real estate development and hotel operations in sales and marketing for leading international hotel companies," said Walter Isenberg, President and CEO of Sage Hospitality. "She has a proven ability to identify market opportunities, develop action plans and execute strategies that increase profitability. We are thrilled to welcome her to the company."

Landgraf will have responsibility for securing new projects by way of management contracts and tech service/pre-opening agreements for new and existing hotels being developed by institutional investors, real estate developers, REITs and/or municipalities. Securing of new projects and management contracts may be accompanied by the form of key money, mezzanine loans, subordinated debt, guarantees, sliver equity investments or any combination thereof.

"Angela is a key addition to our team," added Ken Geist, partner with Sage Hospitality. "She brings vast market knowledge, tremendous relationships with hotel owners, consultants and franchisors, and a proven ability to close business."

Prior to joining Sage Hospitality, Landgraf was North Americas Director for New Business Development with the Intercontinental Global Development Group in San Jose, CA supporting all 7 independent hotel brands, including InterContinental, Crowne Plaza, Holiday Inn, Holiday Inn Express, Hotel Indigo, Staybridge Suites, & Candlewood Suites.

Prior to Intercontinental, she held several roles of increasing responsibility with Starwood Hotels and Resorts, including Senior Director, New Business Development at Starwood Real Estate Global Development Group in White Plains, NY. She also has previous experience with Concorde International Hotels and the Kimpton Hotel & Restaurant Group.

Landgraf holds her degree from Regis University in Denver.

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