Sage Hospitality promotes Dean Stambules to VP of acquisitions

Sage Hospitality, which just promoted Dean Stambules to VP of acquisitions, manages Boston's Hotel Commonwealth. Photo credit: Hotel Commonwealth

Sage Hospitality, a Denver-based hotel investment and management company, promoted Dean Stambules to VP of acquisitions.

Dean Stambules.
Photo credit: Sage Hospitality

Since joining Sage in 2014, Stambules has been a part of the company’s acquisition team as the director of feasibility, during which time he played a role in nearly all of Sage’s new business-related acquisitions, developments and third-party management contracts.

“In his time with Sage, Dean has shown strong business acumen and the drive to take Sage’s acquisition efforts to the next level,” Jason Altberger, CIO at Sage Hospitality, said in a statement. “His knowledge and dedication will allow us to continue to strategically grow our portfolio.”

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.

In his new role, Stambules will assume responsibility for identifying value enhancement opportunities, optimizing capital structures and execution of the business plan through disposition. Prior to joining Sage, Stambules was an analyst at Hunter Hotel Advisors, where he worked in the capital markets division and focused on the underwriting and placement of hotel real estate debt and equity. Before that, he served as an associate at Welsh Chester Galiney Matone, a consulting firm in Northern New Jersey, where he gained experience in real estate valuation for all commercial property types. 

“Sage Hospitality is truly a market leader within the hospitality industry, and I am excited to continue to grow my career here,” said Stambules. “I look forward to the continued success of our efforts on the investments team.”