« Speed, Precision, Determination = Olympic Dreams | Main | Aspen: No Secrets »
Tuesday
Jan052010

Limelight sold to Aspen Ski Co. Is it true?

Unconfirmed reports state that LimeLight Lodge in Aspen will be purchased by Aspen Skiing Company,

The Limelight Lodge, family owned and operated for more than 50 years will apparently become the latest crown jewel in the Crown family Empire.  Details have not been revealed, but sources say The Paas / Woolery family will cede control of the hotel to ASC along with 2 luxury condo's on Monarch Street.  The structure of the transaction and the price were not revealed.  AspenSpin wishes the Paas / Woolery family the best of luck in the future.  It is unclear what their role, or ownership stake will be moving forward. 

Aspen Skiing Company excells at uphill transportation and mountain management.  They also participate in related businesses;  retail, hospitality, food and beverage and real estate development

The re-developed Limelight Lodge opened about 14 months ago after a near disastrous application, approval and construction process.  The "new" Limelight  Lodge has received rave reviews from travellers around the world.   Limelight is a seasonal sponsor of AspenSpin.com.

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>