Opportunity to own an "Boutique" hotel in a resort market with additional Income from an established restauranteur. Over the last 5 years the asset has averaged over 10%+ YOY growth. With the recent acquisition of the Steamboat Ski Resort by Aspen and KSL Partners, the removal of over 200+ keys of the Sheraton hotel, this is one of the only locations in CO with a current net negative of hotel keys in the marketplace and strong growth economic market indicators. Not only are ADRs increasing, Occupancy Rates are as well comparatively to a large segment of the hospitality industry throughout CO and Nationwide.

The Hotel Bristol, located in downtown Steamboat Springs, Colorado, is an intimate, full service hotel "the way it used to be" with a restaurant and saloon right on the premises serving up pasta and pizza and the finest libations a trail dry throat can imagine. You can almost hear spurs jingling with each footfall...

Established in 1948, the Hotel Bristol offers hospitality of an earlier time in the heart of a Colorado original, Steamboat Springs. Every detail in the Hotel Bristol reflects our "old west" heritage and hospitality offering our guests a genuine Steamboat experience.

Location Description:

Located right on the main street in resort market within walking distance to almost everything, also just a short drive away from a myriad of activities including great golf courses, hot springs, skiing, the rodeo, music festivals and more events and sights than we have space to mention here.

Highlights:

>> Boutique Hotel Located Downtown Steamboat

>> Lease from Established Restaurant (*1970)

>> Steady Sales & Earnings Growth YOY

>> First Time Offered since 1994

>> 11% Increase Pre-Bookings for 2017-2018 Ski Season

>> Restaurant and Saloon on Premises

>> Off Street Parking and Shuttle Out the Door

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