April 12, 2023
DENVER – Sage Hospitality Group announced yesterday the promotion of Dean Stambules to executive vice president of investments and new business development. In this newly-created role, Stambules will lead all new business initiatives for the company, including the identification of investment opportunities for both acquisitions and development as well as the growth of Sage’s third-party management portfolio – for both hotels and restaurants.
“Dean has been an integral part of our business growth and investments team for the better part of a decade, and we are excited to have him take on an even more robust role in the strategic direction of Sage moving forward,” said Walter Isenberg, co-founder and CEO of Sage Hospitality Group. “Not only has he grown into an excellent business leader in his time with the company, but he has also developed an incredible rapport with our ownership and investment partners. His deep understanding of our business coupled with the way he embodies our organizational values make him a perfect fit for this job.”
Stambules joined Sage in 2014 and has held numerous roles on the new business team, including director of feasibility and senior vice president of acquisitions & business development. In his new role, he will continue to lead Sage’s new business and growth teams, with the newly added oversight of Sage’s development team. Stambules will lead HMA negotiation for third-party management contracts, drive strategic growth initiatives, develop business plans and transition plans, and maintain and build positive owner/partner relationships.
“I am honored to be given strategic oversight of Sage’s growth objectives, and I look forward to leading the team as we continue to build Sage’s portfolio in a purposeful way,” Stambules said.