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For the week of Dec 26, 2001 - Jan 1, 2002

  News

Sale of Elkhorn confirmed; future use uncertain


By PETER BOLTZ
Express Staff Writer

Itís true.

Elkhorn Resorts, which includes the hotel and the golf course, has been purchased by a Maryland hotel chain.

Itís been sold since Dec. 11 to the Chesapeake Hotel Group, which is based in Annapolis and owned by John W. Cullen IV.

Howard Stoll of Chesapeake confirmed the sale Friday from "the executive office" of the resort in Elkhorn.

He spoke to the Express because the new manager, John Martin, was not in town.

Stoll, who said he was "house-sitting" while Martin was gone, said Martin would be back at Elkhorn on Jan. 3.

Tina Carnes, who owns the Treathaus at Elkhorn, said she had heard the new owners were going to turn the hotel into condominiums, but Stoll said he knew nothing about this.

"We have no immediate plans," he said. "So, there are many possibilities."

Carnesí husband, Jeff, is the Sun Valley Fire Department Chief.

He said he had talked to Martin because he was concerned that a convention of Idaho Fire Chiefs, about 135 people, might be canceled by the new owners.

Carnes was told the convention, to be held in April, could still be at the resort.

At the beginning of October, the resortís former sales and marketing director at the time, Hollie Hunter, said she didnít "want to jump the gun" on the sale and give out any information.

"The Chesapeake Hotel Group is looking at us seriously, but to our knowledge no closing date has been set," Hunter said.

"They are going through due diligence, but until that is finished and an offer has been made, there is no sale."

"Right now itís business as usual," she added. "Weíre excited about the possibility and we hope it comes to fruition."

On Friday, Stoll said the resort would continue operating as it has been, for the time being.

The resort is 25 years old this winter, but he said no special celebrations have been planned.

 


The Idaho Mountain Express is distributed free to residents and guests throughout the Sun Valley, Idaho resort area community. Subscribers to the Idaho Mountain Express will read these stories and others in this week's issue.