Waramaug LS Hotels Acquires Hampton in Rifle, CO
Friday January 10th, 2014 - 9:32AM B
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RIFLE, CO—Waramaug LS Hotels has acquired the 92-room Hampton Inn & Suites here, which will be managed by Interstate Hotels & Resorts.
The hotel is located in a narrow box canyon, which offers views of the Colorado mountain landscapes and is near sites for fishing, hiking, rafting, kayaking and skiing. The hotel was recently awarded the 2013 Trip Advisor Certificate of Excellence Award.
"We identified the Hampton Inn & Suites as an ideal opportunity to expand our footprint in Colorado. With the option of various amenities and activities, it fits perfectly with our vision of growth and profitability," said Paul Nussbaum, Waramaug's founder and managing partner.
Tags: Waramaug LS Hotels • acquisition • Hospitality • Brands •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.