(Snowmass, Colo.) - On April 1, the Silvertree Hotel and Conference Center will close its doors forever as the property begins its multimillion dollar transformation into the new Westin Snowmass Resort. The renovation will include significant improvements to the existing building structures, all rooms, restaurants, meeting spaces, public spaces and the conference center. The Westin Snowmass Resort will open for business for the 2012/2013 ski season.
“This property features the county’s best ski-in/ski-out access, to one of the world’s premier ski mountains,” said David Wasserman, managing partner of Wasserman Real Estate, which owns the property through a joint venture with Starwood Capital Group. “The Westin brand will bring a world-class lodging experience to this unbeatable location.”
Also offering ski in/ski out access, the resort’s brand-new restaurant–The Snowmass Kitchen–will serve three meals daily and accommodate up to 233 diners. The existing gym will be transformed into a first-class spa facility and a new fitness center will overlook the Snowmass Mall. The resort’s upper pool will be redeveloped into a landscaped space ideally suited for outdoor events, and the lower pool will be rebuilt to accommodate two spacious hot tubs. The 20,000 square-foot conference center will be fully renovated and is scheduled to re-open June 1, 2012.
“The Westin Snowmass Resort is a highly anticipated addition to our growing resorts portfolio, offering an unparalleled location with year-round appeal,” said Brian Povinelli, Global Brand Leader for Westin Hotels & Resorts. “Here, guests will enjoy all of the Westin brand’s signature programs and amenities, designed to bring to life the brand’s emphasis on wellbeing and send guests home feeling better than when they arrived.”
All guestrooms will feature the world-renowned Westin Heavenly® Bed featuring lush sheets, down cushioning and a patented pillow-top mattress, which cradles and contours to the body for complete comfort. Another industry first, the Heavenly® Bath creates an invigorating spa-like experience, enhanced with the brand’s Heavenly® Shower, Heavenly® Robe and exclusive White Tea Aloe bath amenities. In-room, high-speed Internet access and an ergonomic work space will offer travelers convenience and productivity in a tranquil setting.
About Westin Hotels & Resorts
Westin Hotels & Resorts makes the healthiest choices irresistibly appealing, so guests leave feeling better than when they arrived. With more than 186 hotels and resorts in over 36 countries and territories, Westin is owned by Starwood Hotels & Resorts Worldwide, Inc. Starwood Hotels & Resorts Worldwide, Inc. is one of the leading hotel and leisure companies in the world with 1,090 properties in 100 countries and territories with 154,000 employees at its owned and managed properties. Starwood Hotels is a fully integrated owner, operator and franchisor of hotels, resorts and residences with the following internationally renowned brands: St. Regis®, The Luxury Collection®, W®, Westin®, Le Méridien®, Sheraton®, Four Points® by Sheraton, Aloft®, and ElementSM. The company boasts one of the industry’s leading loyalty programs, Starwood Preferred Guest (SPG), allowing members to earn and redeem points for room stays, room upgrades and flights, with no blackout dates. Starwood Hotels also owns Starwood Vacation Ownership, Inc., one of the premier developers and operators of high quality vacation interval ownership resorts. For more information, please visit www.starwoodhotels.com
About Starwood Capital Group
Starwood Capital Group is a private, U.S.-based investment firm with a core focus on global real estate. Since the group’s inception in 1991, the firm, through its various funds, has invested over $10 billion of equity capital, representing over $29 billion in assets. Starwood Capital Group currently has $19 billion of assets under management. Starwood Capital Group maintains offices in Greenwich, Atlanta, San Francisco, Washington, D.C., and affiliated offices in London, Luxembourg, Paris, Mumbai and Sao Paulo. Starwood Capital Group has invested in nearly every class of real estate on a global basis, including office, retail, residential, senior housing, golf, hotels, resorts and industrial assets. Starwood Capital Group and its affiliates have successfully executed an investment strategy that includes building enterprises around core real estate portfolios in both the private and public markets. Additional information about Starwood Capital can be found at www.starwoodcapital.com.
About Wasserman Real Estate Capital
Wasserman Real Estate Capital LLC is a vertically integrated real estate operating company with in-house acquisition, development, leasing, property management, asset management, legal and financial reporting capabilities. Wasserman’s goal is to create value and manage the long-term interests of its investments on behalf of its investors. Wasserman Real Estate Capital develops, re-develops, and manages a vast array of properties across the United States and internationally. For more information, please visit www.wrecapital.com.