Comfort Inn of Steamboat changes hands
Denver investor brings new management to hotel
June 11, 2011
Steamboat Springs — The 52-room Comfort Inn hotel of Steamboat Springs has a new owner and a new management company, but the employees have not changed.
Charles Stark, of Providence Hospitality Partners, said Thursday that he was pleased with the existing staff and was working with them through a transition.
"The owners are interested in bringing it up a notch — we'll do significant landscaping here and improve the breakfasts. The rooms are nice, and we've got a very good staff," Stark said.
The hotel is at U.S. Highway 40 and Walton Creek, about a mile from the base of Steamboat Ski Area, and touts the free Steamboat Springs Transit bus that stops at the parking lot.
Stark's company was retained by Infinity Properties, the Denver-based holding company that is making its first investment in a hotel after concentrating primarily on office buildings.
The Routt County Assessor's Office reflects that a business entity called Infinity Hotel LLC paid $2.9 million to acquire the Comfort Inn from previous owner Ki Tong Allison, who paid $3.5 million for the 24,832-square-foot building in 2001.
Stark said his company is best known for its management of the Hotel Colorado next to the hot springs in Glenwood Springs.
Providence Hospitality just opened a seven-story Staybridge Suites at Denver International Airport, he added.
The company's website indicates that it has expertise in acquisitions, turnarounds and handling foreclosed properties.
Other properties among the 13 managed by Providence are an Intercontinental Hotel, a Holiday Inn Express and the Crowne Plaza in Ventura Beach, Calif.