There has been a lot of buzz lately about whether Gateway Canyons Resort has been sold or not. This luxurious resort located in the heart of Colorado’s red rock country is known for its stunning views and world-class amenities.
The Rumors
For months, there have been rumors circulating that the resort was up for sale. Many industry experts speculated that the resort’s owner, John Hendricks, was looking to offload the property due to financial struggles caused by the COVID-19 pandemic. However, there was no official confirmation from either Hendricks or the resort’s management team.
The Confirmation
Finally, in early October 2021, it was confirmed that Gateway Canyons Resort had indeed been sold. The new owners are a group of investors led by Denver-based real estate developer Scott McFadden. While the terms of the deal were not disclosed, sources close to the transaction estimate that it was worth around $100 million.
The Future of Gateway Canyons Resort
So what does this mean for Gateway Canyons Resort and its guests? According to McFadden and his team, they plan to continue operating the resort as-is with no major changes to its offerings or operations. In fact, they see this acquisition as an opportunity to expand upon what Hendricks built and take Gateway Canyons Resort to new heights.
What Guests Can Expect
Guests can expect the same level of luxury and service they’ve come to know and love from Gateway Canyons Resort. The property will remain open year-round with all amenities fully operational. This includes access to their award-winning spa, multiple dining options featuring locally-sourced ingredients, adventure tours led by experienced guides showcasing nearby national parks and canyons.
- Unchanged: Year-Round operations
- Unchanged: Access to spa
- Unchanged: Multiple dining options featuring locally-sourced ingredients
- Unchanged: Adventure tours led by experienced guides showcasing nearby national parks and canyons
The Bottom Line
While it’s always unsettling to hear that a beloved destination has changed hands, guests can rest assured that Gateway Canyons Resort is in good hands. With McFadden’s experience in real estate development and the team’s commitment to preserving the resort’s legacy, it’s safe to say that Gateway Canyons Resort will continue to be one of Colorado’s premier luxury destinations for years to come.