Stonebridge Companies assumed management of the Marriott Boulder in Boulder, Colo. Collaborating with Summit Properties, a publicly traded REIT that purchased the property and focuses primarily on owning premium-branded, select-service hotels in the upscale segment of the lodging industry, Stonebridge Companies will now undertake daily leadership of the hotel.
Nestled in the foothills of the Rocky Mountains, the 157-room, full-service Marriott property is designed for business and leisure travelers. Located within a one-mile walking distance of the Pearl Street Mall, the centrally-located hotel is also within walking distance of the University of Colorado campus and Folsom Field.
“We want to foremost extend our gratitude to Summit on being an outstanding investor in the hospitality industry,” said Navin C. Dimond, founder, president and CEO of Stonebridge Companies. “There is a mutual synergy with the Marriott Boulder that aligns with our other properties in Boulder County, and we are proud to share the common goal with Summit of outstanding customer service. This Marriott will continue to meet the needs of our guests by providing modern comfort and convenience along with our unique brand of distinguished hospitality.”
The Marriott Boulder offers dining in Canyons Restaurant and Lounge or the convenience of in-room dining. It also includes roughly 5,000 square feet of meeting space, offering views of The University of Colorado and the Flatirons.
Founded in 1991 by Navin C. Dimond, Stonebridge Companies is a privately owned hotel owner, operator and developer headquartered near Denver. Its portfolio of properties includes select-service, extended-stay, midscale and full-service hotels in markets throughout the U.S.