Crestline to manage Hyatt Place Keystone, CO

Crestline Hotels & Resorts has been selected to manage the 103-room Hyatt Place Keystone in Colorado.

The contemporary hotel is located in the Arapahoe Basin adjacent to Keystone Resort, and is 70 miles from Denver, It offers three conference rooms totaling 2,187 sq. ft. of event space plus 2,252 sq. ft. of outdoor patio space overlooking the Rocky Mountains.

“The Hyatt Place Keystone is a gem in the Rockies,” said James Carroll, president/CEO, Crestline. “Its location offers year-round recreation and amenities that provide guests with a range of outdoor activities to suit all tastes. We look forward to bringing our signature guest service to this beautiful destination.”

The hotel is owned by an affiliate of Dallas-based Realty Capital Partners LLC (RCP). “We knew this hotel was special from the first day we set our eyes on it,” said Blake Lugash, CEO, RCP. “We’re thrilled to bring in Crestline to continue providing our guests with the top-quality experience we expect at the hotels we own, while optimizing the property’s performance potential.”

Murphy Asset Management conducted a management company selection process to help Realty Capital Partners choose the best operator for this property. Steve Steinberg from Murphy Asset Management said, “We ran a competitive process getting feedback from some very good hotel operators. We elected Crestline because of their proven track record in this region.”