• Treadway and Holtze Promoted to Lead Stout Street Hospitality

     
    POSTED October 4, 2016
     

Sarah Holtze Treadway and Eric Holtze have been appointed to co-chief executive officers at Stout Street Hospitality; Treadway will also serve as the company’s president.

The siblings are set to lead the company their father founded in 1993.

“It is an exciting day for our company as Sarah and Eric take the reins of the business I founded more than 20 years ago,” says Steve Holtze, founder and chairman. “After gaining industry experience outside of the company, they returned to Denver with fresh perspectives in both operations and development. I’m excited to see what the future holds under their leadership.”

The Denver-based hotel management and development company owns and operates upscale hotels geared toward worldly travelers. Their Magnolia brand includes several award-winning hotels; they operate in Denver, Dallas, Houston, Omaha, Neb., St. Louis and a ski resort in Winter Park, Colo.

Treadway previously worked at the Four Seasons Hotels and Resorts in both the New York and Los Angeles locations. After joining SSH in 2007, she held positions in sales and marketing, operations and asset management and sat on the company’s advisory board. She has a Master of Business Administration from the University of Denver’s Daniels School of Business.

Eric Holtze brings more than 15 years of real estate experience to his new position. Previously a financial analyst with The Plasencia Group, he spent most of his time writing hundreds of hotel transactions. His analytical skills helped him in his previous role at SSH, as executive vice president of development. In the last two years, Holtze led a huge renovation project at the Magnolia Denver, which added 50 rooms and enhanced quality to the property. He holds a master’s degree in management in hospitality from Cornell University’s Hotel School.

“My brother and I are honored to take on more of a leadership role in the company that our father worked so hard to build,” says Treadway. “We both have worked many jobs at the hotels—housekeeping, valet, breakfast server, general manager, etc., and we are blessed to have a loyal team of people working for us now. Growing up the way we did, we have hospitality in our blood. We look forward to growing our family business in the years to come.”

Portland will be home to the first Ritz-Carlton in the Pacific Northwest. Developer BPM Real Estate Group is bringing the brand to the city, with an anticipated opening in early 2023. Plans call for a 35-story tower with 251 hotel rooms and 138 residential units, including eight penthouses.

 

Even during a worldwide pandemic, the hospitality industry is working to make people feel at ease. Though many hotels can only open their doors to health care workers and first responders, they’re reaching out to their local communities with bright messages in clever, socially-distanced ways. Through the heart-shaped lighting of windows at night, hotels are serving as beacons of hope in cities across the country. 

 

Daily life has been significantly altered by COVID-19, no matter the industry. Many are working from home, while children stay inside for online schooling. Meetings and events have been hit especially hard, since the essence of the industry is face-to-face interactions. While we continue to self-isolate, plenty of organizations have been offering webinars with insights on how to handle the pandemic—watching webinars is a great way to use that extra time you might have used for your commute to learn something useful.