colorado
Molly Gallagher Welcomed as Spa Manager for Spa Anjali at The Westin Riverfront Resort & Spa Avon, Vail Valley in Colorado
The Westin Riverfront Resort & Spa Avon, Vail Valley | August 3, 2022
AVON, Colo. (Aug. 3, 2022) – The Westin Riverfront Resort & Spa Avon, Vail Valley is pleased to announce that Molly Gallagher is now serving as Spa Manager at the award-winning Spa Anjali. Gallagher has been a part of the Spa Anjali team since 2009, starting as a Massage Therapist before being promoted to Lead Massage Therapist and then Spa Supervisor. She has lived in the Vail Valley for more than 25 years and previously worked at Beaver Creek’s Allegria Spa and Vail’s Cascade Club and Spa. A graduate of New York’s Hofstra University, Gallagher is also licensed through the 1,000 hour program at the Boulder College of Mas...
WoodHouse Acquires Elevation Hotel & Spa in Crested Butte, Colorado
WoodHouse | August 2, 2022
Crested Butte, Colo. [August 2, 2022] — WoodHouse — a leading creative hospitality company — announces today the acquisition of the Elevation Hotel & Spa in the iconic ski town of Crested Butte, Colorado. Elevation is the only luxury ski-in, ski-out resort located at the base area of the Crested Butte Mountain Resort (CBMR), in Colorado’s Elk Mountain Range. WoodHouse acquires the 262-room Elevation Hotel from Boxer Property & Resorts, which has controlled and operated the hotel since 2013. The Elevation will remain independently owned by WoodHouse, which creates a unique lane to embrace and incorporate the local cultu...
Wharton Hospitality Sells Holiday Inn Express & Suites in Montrose, Colorado
Wharton Equity Partners | August 1, 2022
MONTROSE, COLO. (August 1, 2022) — Wharton Hospitality, an operating platform of real estate investment firm Wharton Equity Partners, announced today that they have sold the Holiday Inn Express & Suites in Montrose, Colorado. The buyer and purchase price were not disclosed. Wharton purchased the 122-key building during 2011 in an off-market transaction with a local lender. The acquisition was made in partnership with an affiliate of Waramug Hospitality, a national hotel investment firm. In the subsequent years, the partnership oversaw a multi-million dollar renovation effort to enhance the property’s long-term value, and secured a r...
Are Colorado Ski-Resort Hotels Posed for a Rebound?
Brett E. Russell | January 3, 2019
By Brett E. Russell Owning and operating a hotel always has some degree of risk. However, for hotels located in ski-resort regions, this risk continues to be amplified. Risk factors include continued growth of the online home-sharing industry (Airbnb, VRBO, etc.) introducing new supply from non-hotel assets, as well as the seasonal nature of these mountain communities. Another factor that can greatly affect the performance of a ski resort-dependent hotel is weather. The initial snow totals at the beginning of a ski season (November through January) can have a profound impact on the total season's bookings at hotels. The 2017/18 ski seas...
