Properties across the globe have new management. Here’s a look:
Sage tapped to manage two NJ properties
Sage Hospitality Group has been chosen by iStar, a full-service real estate investment, finance and development company, to management its two independent properties in Asbury Park, NJ—The Asbury and Asbury Ocean Club Hotel.
Sage Hotel Management and Sage Restaurant Concepts, both Sage Hospitality Group companies, will lead the operations for the hotels and their numerous food & beverage and entertainment outlets. The process was facilitated by JLL Hotel and Hospitality Advisory Group.
The properties will join the Sage Independent Hotel Collection, a growing portfolio of more than 1,700 rooms that includes The Rally Hotel at McGregor Square (Denver), Hutton Hotel (Nashville, TN), The Crawford Hotel at Denver Union Station (Denver), The Maven Hotel at Dairy Block (Denver), The Hotel Landing (Wayzata, MN), Hotel Commonwealth (Boston), The Oxford (Denver), Continuum (Jackson Hole, WY), The Hotel Zags (Portland, OR) and the soon-to-open Catbird (Denver), with several more independent properties in the pipeline to be added this year.
The Asbury Ocean Club Hotel is part of iStar’s crown jewel in Asbury Park, the Asbury Ocean Club, a 17-story mixed-use development that includes 130 luxury one-, two- and three-bedroom residences with ocean views and luxe finishes. The hotel’s 54 guestrooms mirror the design aesthetic of the residences, which was created by interior designer Anda Andrei.
The first of iStar’s hospitality ventures to open in Asbury Park, The Asbury debuted in 2016 and was the first new hotel to open in the city in more than 50 years. The 110-room hotel was built within a historic Salvation Army building. The property has an outdoor pool and outdoor space including a food truck and VW bus that has been converted to a bar for poolside provisions.
Crescent adds San Jose property
The Holiday Inn San Jose—Silicon Valley is now being managed by Crescent Hotels & Resorts.
The recently renovated property includes an open-air lobby concept, dining room and expanded pub with outdoor seating, heat lamps and a fire pit. The hotel has 12,800 sq. ft. of meeting space, including a 10,220-sq.-ft. ballroom, which may be divided into 12 separate meeting rooms.
Dusit International to manage resort in China
Dusit International, one of Thailand’s leading hotel and property development companies, represented in China by Dusit Fudu Hotels and Resorts, has signed a management agreement with Zhejiang Xinyishang Tourism Development Company Limited to manage Dusit Thani Resort Moganshan, Zhejiang, a luxury wellness-focused resort in an area outside Hangzhou.
The resort is set to comprise 300 villas and guestrooms overlooking Moganshan’s rolling hills and tea plantations. The first phase of the project, comprising 100 villas and guestrooms, is slated to open later this year. Facilities will include an all-day dining restaurant, wellness center with an outdoor swimming pool and Dusit’s signature Devarana Spa offering private hot springs pools and a range of personalized wellness treatments and therapies.
Phase two of the property, comprising 200 guestrooms and villas, two specialty restaurants, outdoor recreation facilities, a grand ballroom and conference facilities, is set to follow in 2023.
