N EW S Wednesday, August 19, 2015
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SALE OF TWO LUXURY TETON VILLAGE HOTELS Nobel House Hotels & Resorts expands its portfolio of luxury hotels and resorts to 16, with the acquisition of Hotel Terra and Teton Mountain Lodge.
by Staff Writers
As the Jackson Hole Mountain Resort celebrates it’s 50th anniversary, change is afoot in Teton Village. Construction for the resort’s new high-speed quad, the Teton Lift, is underway, along with several new development and renovation projects at the mountain’s base. In June 2015, local real estate developer and Jackson Hole Sotheby’s International Realty Associate Broker, Rob DesLauriers, sold his share of the Hotel Terra and Teton Mountain Lodge Property Management Companies to Seattle-based Noble House Hotels and Resorts. “These two resorts, known for their upscale, rugged luxury, are a perfect complement to our portfolio of true-to-place lifestyle hotels,” said Pat Colee, Noble House Founder and Chairman of the Board. “In addition to being perennially ranked as a No. 1 ski destination, Jackson Hole is a yearround adventure destination and naturally appeals to the Noble House Hotels & Resorts guest.” With a philosophy that emphasizes “location, distinction and soul,” the Noble House recognizes the authenticity and charm that makes both hotels the success that they are today and has no significant plans to change the legacy DesLauriers leaves behind. “This transition positions both hotels for a new
Pictured Above: Teton Mountain Lodge lobby and sitting room with wood burning fireplace.
era of success, creating an ideal situation for the real estate values and rental programs of both properties,” says DesLauriers.
“These two resorts, known for their upscale, rugged luxury, are a perfect complement to our portfolio of trueto-place lifestyle hotels.” -Pat Colee, Noble House Founder and Chairman of the Board. Both Hotel Terra and Teton Mountain Lodge & Spa ranked among Travel + Leisure’s top resorts for family travel in the continental US. TML earned a 12th place ranking, the highest rated hotel of all mountain and ski resort destinations, with Hotel Terra just behind at #24. The rankings were based on the hotels’ guest service, world-class
Pictured Above: Hotel Terra’s infinity pool on the 4th floor overlooking the Teton Village Commons, ski resort and mountains beyond.
dining, pristine location, family friendly accommodations, amenities, facilities and overall value. Hotel Terra was additionally ranked at thirtieth among the World’s Best Hotels according to Travel + Leisure. The success and prosperity of both hotels is largely credited to real estate entrepreneur Rob DesLauriers. The former pro skier – largely regarded as a key pioneer of extreme skiing - has skied from the summit of Mt. Everest and brokered over $500 million in real estate transactions. In 2000, DesLauriers shifted his focus from skiing to real estate and developed the Teton Mountain Lodge, a 145 room, 95 condominium unit, AAA Four Diamond condominium hotel resort located at the base of the Jackson Hole See SALE OF HOTELS
Pictured Above: Hotel Terra full of light in the in the middle of winter,
on page 10