Kentucky investors buy Colorado Springs hotel
COLORADO SPRINGS — The 126-room Hyatt Place hotel in Colorado Springs has a new owner.
The Colorado Springs Business Journal reports that Louisville, Ken.-based Schulte Hospitality Group purchased the 13,504-square-foot property, Dec. 21, for $8.4 million. The seller was a joint venture of Denver-based Sage Hospitality and Whitman Peterson, a California equity firm.
The hotel is located at 5805 Delmonico Drive.
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COLORADO SPRINGS — The 126-room Hyatt Place hotel in Colorado Springs has a new owner.
The Colorado Springs Business Journal reports that Louisville, Ken.-based Schulte Hospitality Group purchased the 13,504-square-foot property, Dec. 21, for $8.4 million. The seller was a joint venture of Denver-based Sage Hospitality and Whitman Peterson, a California equity firm.
The hotel is located at 5805 Delmonico Drive.
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