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Destination Hotels & Resorts
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Destination Hotels & Resorts Expands Management in Snowmass, CO

Destination Resort Management (DRM) Provides
Customized Approach to Property Management Solutions
Destination Hotels & Resorts Expands Management in Snowmass, CO

Englewood, CO – March 2013 / Hospitality 1ST / Destination Hotels & Resorts, on behalf of Destination Resort Management (DRM), announces that it will assume management of Lichenhearth Condominiums in Snowmass, Colorado beginning in May 2013. Destination has a long history of vacation rental and property management in the Colorado resort market beginning with the The Gant condominium resort in Aspen, Colorado in 1973. Destination celebrates its 40th anniversary this year and as the country’s fourth largest hospitality management company, maintains its position as a leader in hospitality and property management with proven success managing and operating a diverse collection of upscale and luxury hotels, resorts and condominiums.

The condominiums at Lichenhearth are ideally located in the heart of Snowmass Village Ski Resort and offer prime ski-in/ski-out access. Each studio and one-bedroom unit features a fireplace, private balcony and fully equipped kitchen. On-site amenities include covered parking, a heated pool and jacuzzi, sauna, complimentary wireless internet and laundry facilities. More than 20 restaurants are available nearby and downtown Aspen is just minutes away.

“We are excited to expand our unique portfolio with a continued focus in the Colorado resort market,” said Greg Staley, vice president of sales and marketing for DRM. “Our customized and highly successful approach to vacation rental and property management solutions will build owner financial and brand equity, create value and provide long-term growth for Lichenhearth Condominiums.”

Destination Hotels & Resorts is a preferred provider of hospitality management services, customized sales and marketing solutions, asset management and repositioning, and operating expertise. Destination’s digital and social media marketing programs, guest loyalty program, Destination Delivers, public relations, preferred partner relationships, and enhanced revenue optimization platform, offer industry-leading hospitality services and solutions.

“We are eager to begin our relationship with Destination Resort Management,” said David Carlsen, president of Lichenhearth’s HOA board. “Destination’s local expertise and individual property focus combined with the strength and bandwidth of a national hospitality company will allow us to meet our specific goals and objectives.”

About Destination Hotels & Resorts
Destination Hotels & Resorts is a privately held hospitality management company headquartered in Colorado. With 40 independent, luxury and upscale hotels, resorts and golf clubs, Destination is the fourth largest hospitality management company in the country. The company’s portfolio features more than 9,100 guest rooms, 18 golf courses and 16 full-service spas. Destination Hotels & Resorts properties are located in key metropolitan and resort markets including Los Angeles, Chicago, Boston, Phoenix, Santa Fe, Aspen, Lake Tahoe, Seattle, Denver, Austin and San Diego. The company is a subsidiary of Los Angeles-based investment, development and management firm Lowe Enterprises and the Lowe Hospitality Group.

For a complete list of properties in the Destination Hotels & Resorts collection, please visit www.DestinationHotels.com.

About Destination Resort Management
Destination Resort Management is a leading provider of rental management solutions for HOA/AOAO/VOA, short and long term rentals and individual owner property management since 1973. Destination Resort Management is a division of Destination Hotels & Resorts, a Denver-based hospitality management company. Destination Resort Management currently manages a number of vacation rental properties, in Maui, Snowmass, Vail, Telluride and Aspen with additional luxury management operations in Stowe, VT; Cle Elum, WA; Isle of Palms, SC; Rancho Palos Verdes, CA and Maui, HI.

For additional information on Destination Resort Management, please visit www.DestinationHotels.com/Destination-Resort-Management.
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Media Contact:
Maureen Callahan
Destination Hotels & Resorts
303-268-6809
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Placement Dates: 03/12/13 – 05/12/13
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