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The West Paces Hotel Group Changes Name to Capella Hotel Group to Capitalize on Its Successful Luxury Brand; Partners with Private Equity Firm Stoneleigh Capital for Rapid Global Expansion

Horst Schulze, Chairman and CEO of Capella Hotel Group said, “We are strengthening our support for luxury hotel owners, developers and investors through a partnership between Capella Hotel Group and Stoneleigh ... “The Capella Hotel Group has enjoyed strong growth over the past nine years and the name change allows us to take advantage of the power brand we have built,” said Schulze.