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The Residences Viceroy Snowmass experience milestone sales during the winter 2012/2013 ski season

Related Colorado today announced that data reveals that The Residences Viceroy Snowmass have been outpacing the nation in lifestyle ski resort sales, with more than 42 sales in just under four months of this winter’s season. As the ski season draws to a close, the strong pace is expected to continue during the summer, as Aspen/Snowmass leads the trend in mountain resort summer travel, with July and August outpacing the busiest winter months.

ccording to Related Colorado President Dwayne Romero, “The impressive sales volume demonstrates the inherent value and incredible appeal of the Residences Viceroy Snowmass, the only wholly-owned real estate option located within a luxury hotel in Aspen/Snowmass.”

“When we came to market just before Christmas, we knew there was a demand for a resident experience that offered the benefit of luxury hotel services and amenities, but sales have been exceptionally strong. We are anticipating a continued pace for the busy summer season,” stated Garrett Reuss, Partner of Aspen Snowmass Sotheby’s International Real Estate (ASSIR), which is the exclusive sales agent for the project.

“Out of all luxury hotel-affiliated residence projects in U.S. ski resorts, The Residences Viceroy Snowmass has doubled what our next closest competitor has posted in sales this winter season. And the number of sales represents more than 40 percent of all the condominium sales in the entire Aspen/Snowmass market season-to-date. The majority of new owners are choosing to put their residence into the Viceroy Snowmass Hotel Rental Program based on strong occupancies that the hotel has achieved in their four years of operation and the ease of having the luxury Viceroy brand as the management company.”

Among the numerous benefits to whole ownership at Viceroy are preferential availability for prime vacation periods, secure owner storage space for all the mountain toys, flexibility to place the residence in a rental program, and all the ease of a luxury hotel combined with a home-away-from-home. An added benefit is a dedicated owners’ concierge to allow owners to seamlessly access the best of the Aspen/Snowmass lifestyle.

Other ownership privileges include preferred access and pricing at all of the hotel’s celebrated amenities as well as VIP status at Viceroy Resorts worldwide. With glamorous design, impeccable intuitive service, and an enviable ski-in/ski-out location surrounded by the breathtaking beauty of Aspen/Snowmass, Viceroy Snowmass is the ultimate winter destination. Named the number one resort hotel in Aspen/Snowmass by Conde Nast Traveler magazine, Viceroy Snowmass’ spacious studio-to-four-bedroom hotel residences, feature inspiring contemporary mountain design by celebrated architect Jean-Michel Gathy.

Aspen Snowmass Sotheby’s International Realty (ASSIR) is the exclusive sales agent for The Residences at Viceroy Snowmass on behalf of developer Related Colorado, a subsidiary of renowned national development firm Related Companies. Related is the owner and developer of Snowmass Base Village, Snowmass Mall and Snowmass Center, encompassing two ski-in/ski-out plazas as well as virtually all of the retail operations in Snowmass.

Prices of wholly-owned residences currently start at $252,000, with options ranging from studio residences to one, two, three or four-bedroom residences. For more information on purchasing a residence, call +1.855.923.4500 or +1.970.923.4500 or visit Viceroysnowmasssales.com.

With panoramic mountain vistas, Viceroy Snowmass is situated in the heart of Snowmass Base Village at the base of Snowmass, the second largest ski mountain Colorado, just minutes from the bustling nightlife, art, cultural and shopping scene of Aspen. Guests of Viceroy Snowmass literally step out of the hotel and onto their skis or snowboard, delivered slopeside on Assay Hill by the hotel’s ski valet. The Treehouse – home to the Ski & Snowboard Schools of Aspen/Snowmass as well as the Kids’ Adventure Center – is located across from the hotel, a short walk or shuttle ride in the hotel’s famous Luge, an open-air electric vehicle that whizzes guests across the Base Village to the main entrance of The Treehouse.

Widely acknowledged as one of the number one family resorts in the world and always heralded among the top resorts in the world, Snowmass’ 3,332 acres welcome skiers and snowboarders of all abilities with seemingly endless beginner, intermediate, advanced expert off-piste terrain. New this season are 200 new acres of gladed-skiing on Burnt as well as the new $35 million Elk Camp Restaurant, located at the top of the Elk Camp Gondola.

The Spa at Viceroy Snowmass delivers a wide range of wellness experiences in a mountain Zen setting featuring a selection of holistic wellness experiences – from Ute Indian-inspired therapies to contemporary beauty rituals. Viceroy Snowmass Restaurant Eight K features modern American comfort food with Creole accents under the direction of Executive Chef Will Nolan, a recent 2012 finalist for Food & Wine magazine's People’s Best New Chef. Eight K bar and lounge is a stylish and happening spot for cocktails, featuring a new “Barrel-Cocktail menu” from Colorado artisanal liquors as part of the “Farm-to-Bar” program.” The poolside and slopeside Nest Lounge and Café offers sushi as well as Asian-inspired cuisine with the largest mountainside vodka bar in North America.

Architect Jean-Michel Gathy designed the residences at Viceroy Snowmass as peaceful and comfortable retreats, with compelling features such as contemporary granite fireplaces, custom lightly grained oak millwork and galley or full kitchens featuring top stainless appliances from Viking, Wolf and Sub-Zero, offering owners and guests the comforts of home. ### About Viceroy Snowmass: Viceroy Snowmass is an award-winning luxury resort hotel and residences located at the base of one of the world’s finest ski mountains. Only minutes from downtown Aspen in the heart of Snowmass Base Village, the sophistication and sense of place that distinguish Viceroy destinations from California to the Maldives perfectly blend with the Colorado high country. For couples, families and friends, Viceroy Snowmass offers ski-in/ski-out residences complemented by imaginative dining and lounging, a Ute-inspired wellness spa, and a year-round pool terrace and café — an ideal setting for an Aspen/Snowmass vacation during any season. Viceroy Snowmass was awarded LEED™ Gold Certification for sustainable design, construction and overall environmental stewardship.

Visit Viceroy Snowmass on Twitter @ViceroySnowmass, Facebook, http://facebook.com/ViceroySnowmass, or at http://Viceroyhotelsandresorts.com/Snowmass.

 

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About Viceroy Hotel Group: Viceroy Hotel Group delivers one-of-a-kind lifestyle experiences that bring together provocative design and intuitive service in sought-after locations. Signature brand amenities and services created for the diverse business and leisure guests include dynamic dining venues featuring world-class culinary talents and destination spas specializing in health, fitness and beauty. Current properties include hotels and resorts in Abu Dhabi, Anguilla, Beverly Hills, Maldives, Miami, New York, Palm Springs, Riviera Maya, San Francisco, Santa Monica, Snowmass, St. Lucia and Zihuatanejo with forthcoming openings in Istanbul and Bodrum, Turkey; ViceroyHotelGroup.com.

About Related Companies: Related Companies is the most prominent privately-owned real estate firm in the United States. Formed 40 years ago, Related is a fully-integrated, highly diversified industry leader with experience in virtually every aspect of development, acquisitions, management, finance, marketing and sales. Headquartered in New York City, Related has offices and major developments in Boston, Chicago, Los Angeles, San Francisco, South Florida, Abu Dhabi, San Paolo and Shanghai and an existing portfolio of real estate assets, valued at over $15 billion, is made up of best-in-class mixed-use, residential, retail, office, trade show and affordable properties in premier high-barrier-to-entry markets. Related is staunchly committed to sustainable design with over $10 billion in green development underway or completed. Related also owns Equinox(R) Fitness Clubs, further expanding the company's capabilities into the health and fitness arena and enhancing the value of its properties by incorporating an exclusive, branded amenity into the lifestyle offering, and a partnership interest in Union Square Events, the catering, culture, sports, and events business of Danny Meyer’s Union Square Hospitality Group.

For more information about Related Companies please visit www.related.com. Media Contact: Maureen Poschman, maureen@promocommunications.com; +1 970.948.3176

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