stout street hospitality
CoralTree Hospitality, a Wholly Owned Subsidiary of Lowe, Buys Controlling Interest in Magnolia Hotels Brand
CoralTree Hospitality | September 10, 2021
DENVER – September 10, 2021 – Tom Luersen, president of CoralTree Hospitality, today announced that, in partnership with its parent company Lowe, it has acquired a controlling interest in the Magnolia Hotels brand from Denver-based Stout Street Hospitality. CoralTree will manage four of Magnolia’s six properties in Denver, Houston, St. Louis and Omaha while licensing the name to the New Orleans and Dallas properties. The Magnolia brand is known for its award-winning, independent properties that reflect the spirit of each location with curated personal service for both business and leisure travelers. With the addition of the six ...
NewcrestImage Acquires Magnolia Hotel in Downtown Dallas From Stout Street Hospitality
NewcrestImage | March 2, 2021
March 2, 2021 - The Magnolia Hotel in downtown Dallas begins the latest chapter in its long and rich history when Dallas-based NewcrestImage acquires the 325-room, 29-floor property today from Denver-based Stout Street Hospitality. It’s the first investment by NewcrestImage’s new $100 million real estate fund, which has raised more than $25 million since being announced on January 4th of this year. The hotel is one the most recognized buildings in downtown Dallas, opening in 1922 as the headquarters offices for Magnolia Petroleum. It was the city’s first skyscraper and the first high-rise in the United States to hav...
Former Historic Mayfair Hotel Debuts as Magnolia Hotel St. Louis, A Tribute Portfolio Hotel
Tribute Portfolio | December 7, 2016
Tribute Portfolio, part of Marriott International, Inc. (NASDAQ:MAR), today announced its official debut in "The Gateway City" with Magnolia Hotel St. Louis, A Tribute Portfolio Hotel. Originally the historic Mayfair Hotel, the property's charming character and features have been preserved, while integrating touches of indie design and flair. The elegant Magnolia Hotel St. Louis is listed on the National Register of Historic Places and takes pride in its meticulous attention to detail, as well as experiential touches that invite guests to Stay Independent. "The vibrant city of St. Louis has an unmistakable indie vibe, making it a perfec...
Charlestowne Hotels Selected to Manage Operations for The Abernathy at Clemson, Opening 2017
Stout Street Hospitality | September 8, 2016
Clemson, SC – Sept. 8, 2016 – Charlestowne Hotels, a full-service hospitality management company, is appointed by Tom Winkopp Realtor/Developer, LLC to oversee all hotel operations for The Abernathy at Clemson. Slated to open in late April 2017, The Abernathy will be the closest luxury hotel in proximity to Clemson University. Offering thorough experience in the development of college town properties, the Charlestowne Hotels team will add The Abernathy to an already strong portfolio of independent hotels and resorts, franchised properties and condo-hotels across the country. A property dedicated to Clemson tradition and prid...
Stout Street Hospitality to Open Second Magnolia Hotel in Dallas
TriGate Capital, LLC | May 20, 2015
Denver, Colo. - May 20, 2015 - Leigh Hitz, president and chief executive officer for Stout Street Hospitality, today announced the company is expanding its presence in Dallas with the opening of the Magnolia Hotel Dallas - Park Cities. The property will open June 15 in the former Holiday Inn Dallas Central - Park Cities location. More than $2 million in renovations and expenditures are planned for the boutique hotel to enhance the design, décor and overall guest experience to meet Magnolia brand standards. The 293-room hotel, owned by Dallas-based TriGate Capital, is centrally located just steps away from the recently opened George W. ...
Holiday Inn Dallas Central – Park Cities Wins IHG 2014 Renovation Award
Stout Street Hospitality | January 27, 2015
Dallas, Texas - Jan. 27, 2015 - The Holiday Inn Dallas Central - Park Cities recently received the IHG® (InterContinental Hotels Group) 2014 Renovation Award for its successful completion of major modernization and renovation programs during the past year. The hotel was recognized during the 2014 IHG Americas Investors & Leadership Conference in Las Vegas, Nevada earlier this fall at The Venetian® | The Palazzo® Resorts-Hotel-Casino. The hotel is one of 56 hotels to receive this award from a portfolio of more than 4,700 hotels. The Holiday Inn Dallas Central - Park Cities completed a $9 million renovation and offers a full servic...
