Innisfree Hotels Expands into Ski Market with Vermont Acquisition
We’re excited to announce we are expanding our hospitality expertise from sandy shores to snow-capped slopes and building upon our portfolio of successful beachfront properties with the acquisition of The Inn at Six Mountains in Killington, Vermont. Our plan is to now focus on a multi-million dollar renovation of this extraordinary Vermont property, expanding into the Green Mountain state by transforming and rebranding this hotel into a comfortable all-season resort. The 104-room lodge will feature exceptional amenities. Its picturesque backdrop, adjacent 18-hole golf course will position the property as the idyllic setting for weddings, corporate retreats and outdoor events of all kinds.
Innisfree’s Vermont-based partner John L. Kalish, Esq., of The Killington Hospitality Group, LLC, says this deal is the first of its kind in the state from the standpoint of purchasing an established condo hotel and converting it to a privately held single asset hotel. “With the highly anticipated renovations and our strong partnership, I am very confident that this property will be repositioned as the best hotel in the market,” Kalish says. “It is our goal to provide comfortable accommodations and unmatched customer service in a beautiful environment. We plan to be very engaged with the local business communities and look forward to providing a place our friends and neighbors will be proud of.”
The Janee Hotel Corporation headquartered in Naperville, Illinois, also partnered in the acquisition. President Kenneth Moore says, “We look forward to working with our partners in updating the property and making it an exceptional year-round destination resort hotel.”
Killington Mountain is one of the Top 10 most visited resorts in the world and the largest ski and snowboard resort in Eastern North America with over 70 miles of skiable terrain. Its 3,050-foot vertical drop and world-renowned snowmaking and grooming coverage have made this destination a perennial favorite for outdoor enthusiasts. ski, golf, hike, fish, mountain biking, summer festivals and fall foliage round out the resort’s annual recreation attractions.
“After seeing the commitment of Killington’s owners, Powdr Corp, to invest in the mountain and improve the village we decided to make an investment too. We look forward to other opportunities in the area with the same upside potential. The move from beach to mountain will mark new ground for Innisfree, while keeping in line with our mission of “creating fun, memorable experiences” for travelers, says, Julian MacQueen, Innisfree’s CEO and Founder.