The Resort at the Mountain Sells!
The Resort at the Mountain recently sold in December after eighteen years of ownership by Ed Hopper, who has recently retired. The new owner is The Coastal Hotel Group which is a Seattle based management group. The company has interest in two other Oregon properties. One is the Inn at Otter Crest at Otter Rock and the other property is in downtown Portland called Hotel Fifty.
The goal of the new company is to change the resort from a three star to a four star resort. This will be completed by renovations of the golf course, current facilities including new guest rooms, existing rooms plus adding spa facilities. The new owners intend to increase the business by 40% or more with their plans.
These improvements and new ownership should help the local economy with increased jobs, increased revenue with shoppers for local businesses and restaurants. The CEO of Coastal Hotel Group, Yogi Hutsen, said this resort is truly a diamond in the rough.
As events unfold I will keep you posted.
