Limelight sold to Aspen Ski Co. Is it true?
Unconfirmed reports state that LimeLight Lodge in Aspen will be purchased by Aspen Skiing Company,
The Limelight Lodge, family owned and operated for more than 50 years will apparently become the latest crown jewel in the Crown family Empire. Details have not been revealed, but sources say The Paas / Woolery family will cede control of the hotel to ASC along with 2 luxury condo's on Monarch Street. The structure of the transaction and the price were not revealed. AspenSpin wishes the Paas / Woolery family the best of luck in the future. It is unclear what their role, or ownership stake will be moving forward.
Aspen Skiing Company excells at uphill transportation and mountain management. They also participate in related businesses; retail, hospitality, food and beverage and real estate development
The re-developed Limelight Lodge opened about 14 months ago after a near disastrous application, approval and construction process. The "new" Limelight Lodge has received rave reviews from travellers around the world. Limelight is a seasonal sponsor of AspenSpin.com.
Reader Comments (1)
My Dad stayed at and shot movies of the Limelight in the 50's! I found these old black and white movies and gave them to the Woolery family a couple of years ago. Great history there. My kids loved to stay there, even more then at The Little Nell! Hope the new owners will maintain the family atmosphere and the real people pricing!