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The local chapter of the Colorado Restaurant Association meets from 10 to 11 a.m. Wednesday at Rex’s American Grill & Bar, 3190 S. Lincoln Ave., adjoining the Holiday Inn. Agenda items include ProStart, liquor liability, a winter wine and food festival, the Bartenders’ Cup and a December mixer. Contact Liz Wahl at 970-871-5163 or lwahl@intrawest.com for more information.

Sheraton Steamboat Resort receives honor

The Sheraton Steamboat Resort has been named to the Expedia Insiders’ Select hotel list. According to a news release, the list includes the top 1 percent of Expedia hotels and resorts from around the world, regardless of destination or budget.

The Insiders’ Select designation lists top hotels in terms of value and quality, as determined by hotel experts and customers, the news release stated. Features that helped the Sheraton Steamboat Resort earn a place on the Insiders’ Select list include its ski-in/ski-out accommodations, 18-hole golf course and the Sweet Sleeper beds in every guest room.

“Inclusion on the Expedia Insiders’ Select hotel list is a privilege and speaks to our endeavor to make each guest’s stay comfortable, welcoming and memorable,” said John Curnow, general manager at Sheraton Steamboat Resort.

To make a reservation or for more information, visit www.sheratonsteamboat resort.com or call 970-879-2220.

Fortress reports $190M net loss in 3rd quarter

Fortress Investment Group reported a $190 million net loss for the third quarter of 2009, which ended Sept. 30. The figure follows a loss of $171 million in this year’s second quarter, which ended June 30. Fortress reported a net loss of $250 million in the second quarter of 2008. Fortress released its financial report Friday.

The private-equity and hedge fund manager is the parent company of Intrawest, which is the parent company of Steamboat Ski and Resort Corp. Some Fortress funds are invested in development at the base of Mount Werner in Steamboat Springs.

The company reported that its net loss attributable to shareholders was $59 million, or 43 cents per share. That compares with a loss of 66 cents per share in the third quarter of 2008.

Excluding compensation for principals, Fortress’ net third-quarter income was $50 million, which follows $66 million in similar net income in the second quarter this year.

Fortress was trading at $4.13 a share, down 44 cents, when the market closed Friday.

Success Steps luncheon Thursday at Smokehouse

A Success Steps luncheon is from 11:30 a.m. to 1 p.m. Thursday at Steamboat Smokehouse, 912 Lincoln Ave. The discussion will focus on the commercial lending environment. Cost is $15 and includes lunch. RSVP to Randy at 870-4491.