Laurus Corporation Acquires the 292-Room Vail Cascade Resort and Spa

Laurus Corporation | January 7, 2016

LOS ANGELES, Jan. 7, 2016 -- Laurus Corporation, a private real estate investment and development firm, announced today that it has acquired Vail Cascade Resort and Spa, one of Vail's only true ski-in/ski-out hotels. Beginning April 2016, the 292-room Vail Cascade Resort and Spa will undergo a $35 million transformation to be completed for the 2016/17 ski season as it joins The Luxury Collection® Hotels & Resorts, one of the world's most exclusive luxury hospitality brands. Destination Hotels, the largest owner and operator of independent hotels, resorts and residences in the United States, will continue to manage and op...