RockResorts will manage the Lodge & Spa at Cordillera |

RockResorts will manage the Lodge & Spa at Cordillera

Daily Staff Writer

DENVER – RockResorts, an arm of Avon-based Vail Resorts, has reached an agreement to manage the Lodge & Spa at Cordillera in the exclusive mountain community west of Edwards. Signing management contracts rather than buying hotels and lodges is a strategy of Vail Resorts, the company’s chief executive, Adam Aron, said. The 56-room luxury hotel, which underwent a $6 million renovation last year, was built in 1998 and is owned by a joint venture of Pharos Group, LLC and Value Enhancement Fund V. “The hotel exemplifies the traditions of superior guest service, world-class amenities and luxury in unforgettable settings – all signatures of the RockResorts brand,” said Ed Mace, president of RockResorts and Vail Resorts Lodging Company. The chateau-style Lodge & Spa sits atop a private mountain overlooking the Vail Valley. Guests have access to an equestrian center, a Nordic center with 17 miles of maintained trails, four restaurants and golf courses designed by Jack Nicklaus, Hale Irwin and Tom Fazio.The lodge also has a 22,000 square-foot spa.”As the newest RockResort, it further underscores our ability to add managed hotels through management contracts rather than through acquisition.” Aron said. “Vail Resorts continues to explore avenues to sell some of our owned hotels, while at the same time increasing the number of hotels that we manage.”Denver-based RockResorts owns and manages resorts in seven states: The Lodge at Rancho Mirage in Palm Springs, Calif., the Pines Lodge in Beaver Creek, Keystone Lodge, The Lodge at Vail, La Posada de Santa Fe Resort & Spa in Santa Fe, N.M., Cheeca Lodge & Spa in Islamorada, Fla., The Equinox Resort & Spa in Manchester Village, Vt., Rosario Resort & Spa on Orcas Island, Wash., and Snake River Lodge & Spa in Jackson Hole, Wyo. RockResorts is currently developing Arrabelle at Vail Square in Lionshead, which is part of a public-private redevelopment project estimated to cost $1 billion. Vail, Colorado

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