The sale of ResortQuest, including the management for the Inn at Aspen, is expected to close in the third quarter of this year for $56 million. With this acquisition, Wyndham Worldwide will add ResortQuest to its 30 European rental brands, making it the world’s largest full-service vacation rental business. (more…)
As of September 29th, 2010, the St. Regis Aspen was sold to a Delaware corporation for $70 million, but the management of the property will be with Starwood Hotels for another 50 years. (more…)
The Little Nell, Aspen’s only five-star, five diamond hotel, was featured in the June 2010 issue of Architectural Digest Magazine. Since its opening in 1989, this incredibly chic hotel has maintained an impeccable reputation. On its 20th anniversary in late 2009, the hotel underwent a major renovation. (more…)
UPDATE: the sale of the Limelight Lodge was official on April 13th, 2010. Aspen Skiing Co. purchased the property and hotel operations for $37.9 million. Retaining 97% of the employees who wished to stay, Aspen Skiing Co. also hired a new General Manager. Richard Stettner from Denver will be taking over the leadership position for this property.
In addition, two of the three penthouses are under contract and are scheduled to close by June, 2010.
A new ownership group purchased the Lodge at Aspen Mountain last week for $15 million, according to Pitkin County public records. The proposed hotel site received a lot of attention over the past five years, along with the revitalization of the Lift 1-A area of Aspen. (more…)
Ajax Tavern is just steps away from the Residences at The Little Nell
