Telluride's Peaks resort sold for $20M
The Blackstone Group has sold the Peaks, the largest resort in the Telluride, Colo., region, for about $20 million. The buyers included local investors and principals of Grand Heritage Hotels and Resorts, and the deal includes the 140-unit hotel, a 42,000-square-foot spa and fitness center, a restaurant and additional land.
GlobeSt.com
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This story published in AH&LA SmartBrief on 11/06/2009
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