Hospitality & Tourism  August 24, 2023

CEO: Spirit Hospitality’s founder wanted company to survive him

FORT COLLINS — It was William Albrecht’s intention that Spirit Hospitality LLC, a company he created, survive him. In fact, prior to Albrecht’s death June 13 at age 76, the real estate and hospitality entrepreneur was coming to the office almost daily and working on plans for renewed growth beginning in 2024.

To that end, Albrecht and his executive team were working on the sale of two hotel properties in order to position the company for growth, said Bryan Swanson, formerly chief financial officer and now CEO of the four-hotel company based in Fort Collins.

“Bill started the process of selling…

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Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
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