December 16, 2016

New York firm buys hotel, retail store in Estes Park

ESTES PARK — A Buffalo, N.Y.-based hospitality and food-service company has acquired the 150-room Rocky Mountain Park Inn and Trendz at the Park, a retail store in Estes Park, for a combined $7.7 million.

Delaware North acquired the properties from Scottsdale, Ariz.-based Forever Resorts, paying $6.1 million for the hotel and $1.6 million for the store, according to Larimer County public records.

Delaware North has closed the inn and will remodel its guest rooms, restaurant and bar, and common areas with plans to reopen May 15. The company did not disclose how much it would spend on the renovations.

The hotel is at 101 S. St. Vrain Ave., a few miles from Beaver Meadows Entrance Station, the eastern entrance to Rocky Mountain National Park. The hotel includes a 20,000-square-foot conference center, indoor heated swimming pool and a fitness center.

Trendz is a 5,000-square-foot retail store at 100 E. Elkhorn Ave. in downtown Estes Park, offering high-end home goods and gifts. It will remain open while being renovated.

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Rocky Mountain National Park is the nation’s third-busiest, with more than 4 million visitors each year coming through the 415-square-mile park that features mountains, wildflowers, wildlife and more than 300 miles of hiking trails.

“Delaware North has a long history of creating special experiences in high-profile places, and these two properties … are an outstanding addition to our portfolio,” said Jim Houser, group president of Delaware North’s parks and resorts business. “We are excited to bring our experience and expertise to help them become the area’s premier lodging and retail destinations.”
Delaware North plans to integrate its core business systems and processes, such as its customer service program, GuestPath, and its environmental management program, GreenPath, into both operations.

Delaware North operates in many of the United States’ national and state parks, including Grand Canyon National Park, Yellowstone National Park and Niagara Falls State Park, as well as at cultural attractions such as Kennedy Space Center Visitors Complex.

Its portfolio also includes luxury resorts in Australia. Delaware North has annual revenue of about $3 billion in the sports, travel hospitality, restaurants and catering, parks, resorts, gaming and specialty retail industries.

ESTES PARK — A Buffalo, N.Y.-based hospitality and food-service company has acquired the 150-room Rocky Mountain Park Inn and Trendz at the Park, a retail store in Estes Park, for a combined $7.7 million.

Delaware North acquired the properties from Scottsdale, Ariz.-based Forever Resorts, paying $6.1 million for the hotel and $1.6 million for the store, according to Larimer County public records.

Delaware North has closed the inn and will remodel its guest rooms, restaurant and bar, and common areas with plans to reopen May 15. The company did not disclose how much it would spend…

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