RockResorts Terminates Chateau at Heavenly Village Agreements
May 21 2008 - 5:26PM
PR Newswire (US)
BROOMFIELD, Colo., May 21 /PRNewswire-FirstCall/ -- In light of the
recent announcement by Lake Tahoe Development Company (LTDC), the
third party developer of the Chateau at Heavenly Village project,
that it has placed the project on hold due to financing issues,
RockResorts has terminated marketing license and technical services
agreements associated with the project. As a result, LTDC will no
longer be permitted to use the RockResorts brand in marketing the
project. About RockResorts RockResorts, a wholly owned subsidiary
of Vail Resorts, owns and operates luxury resort hotels that offer
casually elegant accommodations, lavish RockResorts Spas(TM),
renowned golf courses, award-winning dining and a variety of
exciting outdoor adventures. The RockResorts collection includes
The Arrabelle at Vail Square in Vail, Colo., Hotel Jerome in Aspen,
Colo.; The Pines Lodge in Beaver Creek, Colo.; Keystone Lodge &
Spa in Keystone, Colo.; The Lodge at Vail in Vail, Colo.; La Posada
de Santa Fe Resort & Spa in Santa Fe, N.M.; Snake River Lodge
& Spa in Jackson Hole, Wyo.; and The Landings St. Lucia, Rodney
Bay, St. Lucia. Future RockResorts include; The Osprey at Beaver
Creek (renovation to be complete in fall 2008); Eleven Biscayne
Hotel & Spa in Miami, Fla. (scheduled to open in 2009); One Ski
Hill Place in Breckenridge, Colo. (scheduled to open in winter
2009-2010); Rum Cay Resort Marina, The Bahamas (scheduled to open
in 2010); and the Third Turtle Club & Spa, Turks and Caicos
(scheduled to open in 2011). DATASOURCE: Vail Resorts CONTACT:
Kathryn Wohlschlaeger of Vail Resorts, +1-303-404-6466,
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