Denver company offers rooms at The Gant, Independence Square, St. Regis, Hyatt, etc.

By Real Aspen
October 4, 2011
Gondola Resorts announced today it has expanded operations into Aspen.

The Denver-based company, which specializes in mountain ski resort vacation rentals in Colorado, Utah and sun and beach resorts in Florida, is taking on accommodations at Independence Square, The Gant, Silverglo and Chateau Eau Claire, as well as at the St. Regis, Ritz-Carlton and Hyatt Grand Aspen Residence Clubs.

This move complements Gondola Resorts' mountain lodging business and strengthens its current resort business at the likes of Breckenridge, Keystone, Telluride and Park City.

“Consumer demand for money saving lodging, even in the most sought-after resort destinations, has skyrocketed,” Gondola Resorts CEO Gino Malara said in a press release. “It’s been a busy summer for our company as we’ve added several new resort destinations to our portfolio, and we’re excited to add yet another with Aspen,” said Malara.

While most real estate markets across the U.S. continues to struggle with feeble sales demand, Aspen "has crafted its own orbit with both real estate value gains, while keeping rental prices down," Gondola Resorts claimed.

The average home price grew over the past four years to $7 million according to the current MLS listing data. The median price for single-family homes is now the highest in the country at $4.7 million, according to Altos Research, surpassing The Hamptons, Beverly Hills and Palm Beach. The average rental rates published by Gondola Resorts, which includes vacation homes from 2-4 bedrooms, amounts to $288 per night.

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