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Treadway and Holtze Promoted to Lead Stout Street Hospitality
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Duo to Further Family�s Hospitality Legacy
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Denver, CO � October 2016 / Newsmaker Alert / Steve Holtze, founder and chairman of Stout Street Hospitality, today announced that Sarah Holtze Treadway and Eric Holtze have been promoted to co-chief executive officers. In addition to her new role as co-CEO, Treadway also will serve as president of the company. The brother-sister team will lead the operations and development of the company their father founded in 1993.

�It�s an exciting day for our company as Sarah and Eric take the reigns of the business I founded more than 20 years ago,� said Steve Holtze. �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.�

Stout Street Hospitality is a Denver-based privately-held hotel management and development company that operates upscale boutique hotels catering to the sophisticated traveler. The core product line consists of award-winning, independent hotels under the Magnolia brand, offering an ambience not found elsewhere. The company currently operates Magnolia hotels in Denver, Dallas (downtown and Park Cities), Houston, Omaha, and St. Louis, and a ski resort in Winter Park, Colo. Five of these properties are in historic buildings located in the urban core of their respective cities.

Treadway started her hospitality career in sales with Four Seasons Hotels and Resorts, working in both New York and Los Angeles. Since joining SSH in 2007, Treadway has worked in sales and marketing, operations and asset management, in addition to sitting on the company�s advisory board. She holds an MBA from the Daniels School of Business, University of Denver.

Outside of her professional accomplishments, Treadway is committed to giving back to the communities in which she works. She helped to create the SSH corporate sponsorship of Ronald McDonald Houses in Denver, Dallas, Houston, Omaha and St. Louis, and she is on the House Operation Committee for the Denver/Aurora Ronald McDonald House. Treadway also has been on a number of boards including the Junior League of Denver, Historic Denver and the Rocky Mountain Children�s Health Foundation where she chaired the organization�s largest fundraiser, the Kaleidoscope Gala, the last two years. 

Eric Holtze has spent more than 15 years focusing on the real estate side of the hospitality industry. He started his career as a financial analyst with The Plasencia Group where he spent much of his time underwriting hundreds of potential hotel transactions. He brought these analytical skills to the SSH team where he most recently served as executive vice president of development, helping to grow the SSH portfolio. During the last two years, Holtze spearheaded a major renovation project at the Magnolia Denver that expanded the size of the hotel by 50 rooms while enhancing the product to four-star quality, and he oversaw the acquisition, rehabilitation and repositioning of the Magnolia St. Louis. He holds an MMH from the Hotel School at Cornell University.

Holtze also is involved in the company�s effort to support Ronald McDonald Houses and gives back by sitting on the board of directors for the Denver location. 

�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,� said 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.�

Stout Street Hospitality began in 1993 when Chairman Steve Holtze formed Stevens Holtze Corp. for the purpose of renovating historic buildings in middle America city center locations. The group�s first project was restoring the 1911 First National Bank Building at 17th and Stout and opening what is now the Magnolia Hotel Denver. Holtze began branding all properties under the Magnolia name after opening the Magnolia Hotel Dallas Downtown in 1999 in the iconic 1922 Magnolia Oil Building, once the tallest building west of the Mississippi. The company was known as Magnolia Hotels until 2010 when it expanded its vision and changed its name to Stout Street Hospitality. For more information on the company, please visit www.StoutStreetHospitality.com or www.MagnoliaHotels.com.

Media Contact:
Kristin Yantis / Melissa Delekta
Malen Yantis Public Relations
for Stout Street Hospitality
970-949-7919
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Publishing Dates: 10/04/16 � 12/04/16
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Hospitality Newsmaker Alert