Thank you for sharing!

Your article was successfully shared with the contacts you provided.

VAIL, CO-Vail Resorts Lodging Co., a subsidiary of Vail Resorts, recently hired Jones Lang LaSalle Hotels to explore the possibility of selling the Snake River Lodge & Spa in Jackson Hole, WY at the base of Jackson Hole Ski Area. The lodge also is near the Grant Teton National Park.

The Snake River Lodge & Spa is a RockResort. RockResort, controlled by Vail, owns a collection of luxury resort hotels in the US. A subsidiary of Vail Resorts recently purchased the minority interest in the Snake River project that it didn’t own. That gave Vail Resorts complete ownership of the hotel, allowing the company to investigate the feasibility of selling it. No asking price has been publicly set. James Stockdale of Jones Lang LaSalle is handling the process.

Capitalizing on current attractive hotel valuations in the past eight months, Vail Resorts recently sold its 49% interest in the Ritz-Carlton, Bachelor Gulch, and its 100% interest in the Vail Marriott Mountain Resort & Spa, both in Colorado. Additionally, the Lodge at Rancho Mirage is under contract for sale.

Vail Resorts Lodging will continue to manage the Vail Marriott Mountain Resort & Spa, and RockResorts will manage the Lodge at Rancho Mirage & Spa post-sale. Vail Resorts Lodging currently manages approximately 8,000 hotel and condominium bedrooms across the nation.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2022 ALM Media Properties, LLC. All Rights Reserved.