Hospitality

Adding to its extensive management portfolio, Colorado’s East West Hospitality has acquired Peak Resort Services, which manages the Vail Valley’s Lodge at Lionshead. The news follows last month’s announcement that East West Hospitality was awarded the management contract for The Charter at Beaver Creek in Beaver Creek Village. The Lodge at Lionshead …

Denver-based RLH Corporation (NYSE: RLH), parent company of Red Lion hotels, is to be acquired by Boston-based Sonesta International Hotels Corporation (“Sonesta”), in an all-cash transaction valued at approximately $90 million. “We are excited about unlocking shareholder value through this all-cash transaction with Sonesta,” said R. Carter Pate, Chairman of RLH. “After …

Restoration Hardware (RH), a curator of design, taste and style in the luxury lifestyle market, announced it is making an initial equity investment of approximately $105 million in connection with real estate development initiatives in Aspen. The investment includes properties that will be developed into retail locations, hospitality concepts, residential …

It was announced on Friday that The Hotel Indigo in LoDo has sold to Colorado-based McWhinney. The hotel sale, brokered by Cushman & Wakefield, closed for $38.5 million, according to property records. Hotel Indigo Denver offers 180 rustic-luxe guestrooms – all featuring hardwood floors, polished concrete ceilings, sliding barn doors …

Property management company East West Hospitality has been awarded the management contract for The Charter at Beaver Creek. The Charter is a luxury resort with 150+ individually owned one to five-bedroom condominiums. This distinctive property, named a Top Colorado Resort by Conde Nast Traveler, delivers memorable experiences through its 24-hour front desk, concierge …

Urban Villages, a Denver-based real estate firm that focuses on long-term value creation, in partnership with world-renowned architecture practice Studio Gang, revealed the design of a new 145,000-gross-square-foot, 13-story mixed-use building – known as “Populus” – located at 14th Street and Colfax Avenue, immediately adjacent to Civic Center Park. Populus is designed to reenergize …

According to a concept plan submitted to the City of Denver, Denver-based developer The Pauls Corporation is proposing to construct a mixed-use development consisting of 1,175 units of for-rent apartments and townhomes, as well as 60,000 square feet of retail and hotels, on a 60.1-acre parcel of land at the northeast intersection …

According to Sage Hospitality Group, The Rally Hotel, McGregor Square’s exciting new anchor development, is anticipated to be complete and open to guests Spring 2021. Designed from the ground up to embody both the state’s pioneering past and her brilliant future, The Rally is poised to be  the go-to gathering …

According to the Denver Post, a report from Resolute Commercial Services finds that Colorado leads other states in the Mountain West for the most medium sized company bankruptcy filings. Across nine states, Resolute counted 60 business bankruptcies by firms with $1 million or more in liabilities. 28 percent were in Colorado. Businesses in the real estate …

Proving that retail is most certainly not dead during the pandemic, McWhinney, Sage Hospitality and Grand American, Inc., recently welcomed some exciting new retailers at Dairy Block — LoDo’s beloved micro-district that’s home to eclectic retailers featuring local boutiques & top national brands — and will host a holiday market in the Alley …