Element Basalt – Aspen Aims to Deliver Smart, Sustainable Lodging near Aspen and Snowmass Village

BASALT, Colo. – November 17, 2015 – Element Basalt – Aspen is the newest contemporary mid-range hotel available near Aspen with doors opening Dec. 8, 2015.  The hotel is now accepting holiday and 2016 reservations at www.elementbasaltaspen.com, with attractive introductory rates available including breakfast and a special 10 percent discount for Colorado residents.  Located 20 miles from the ski slopes of Aspen and Snowmass, the newly constructed Element hotel is situated in the heart of the Roaring Fork Valley, an ideal location to access and experience a wide range of winter mountain activities.  Owned by Silverwest Hotels, LLC (“Silverwest”), Element Basalt – Aspen features 113 light-filled rooms and an atmosphere designed to fuel a life in balance and on the move.

Element Basalt – Aspen is located within the thriving new hub of Willits Town Center, a sustainable mixed-use community, offering boutiques, restaurants, residences, offices and Whole Foods Market within walking distance of the hotel.  It is also close to the Rio Grande Trail, a 42-mile continuous multi-use trail ideal for winter activities including cross-country skiing.

The Element Basalt – Aspen is LEED Certified. LEED certified buildings save money and resources and have a positive impact on the health of occupants, while promoting renewable, clean energy. Element is recognized as an industry leader in the eco-space and offers travelers a fresh, reimagined interpretation of the traditional hotel experience with natural light, modern design, healthy options and eco-minded sensibilities.

“Right in time for the ski and holiday travel season, we are delighted to open doors at Element Basalt – Aspen,” said Ed Mace, president and chief executive officer of Silverwest.  “We believe this hotel will redefine the extended-stay and short-term stay experience in the Aspen area and give skiers and holiday visitors an affordable, smart and sustainable lodging option for winter activity and holiday vacations to the famed slopes of Western Colorado.”

The guest experience at Element is perfect for the traveler who is visiting for a few days or a few weeks. Guests can fuel their day with the healthy Rise breakfast and wind down with the Relax evening wine reception – both complimentary. Element will feature a coffee store operated by local favorite coffee roasters, Bonfire Coffee, and town bike and ski rentals from Basalt Bike & Ski which is opening a satellite location at Element Basalt – Aspen. Spacious studios and one-bedroom suites at Element Basalt –Aspen feature a fluid design of modular furniture, flat-screen LED televisions, large desks with open shelving and custom-designed closets. Rooms also include fully equipped kitchens and the signature Heavenly® Bed, and spa-inspired bathrooms. Staying on the move is easy with complimentary bikes to borrow, a state-of-the-art 24-hour fitness center, a saltwater pool and outdoor hot tub. The hotel also offers fast and free high-speed internet and a 626-square-foot meeting room with modular furnishings, a flexible layout and the latest technology that can be customized to meet any business or social need.

“We believe Starwood’s popular Element brand is a great choice for this location in Roaring Fork Valley, and we expect the new hotel to become a favorite among visitors to the area,” said Mace.

About Element Hotels

Element® Hotels is made to order for guests in the know and on the go. Its bright design defies convention, bathing guest rooms and public spaces in natural light. Stylish and sustainable throughout, Element offers extended stay comfort with a conscience and lots of signature amenities from its healthy RISE breakfast and RELAX evening reception to saline swimming pools, spacious fitness centers, bikes to borrow and electric vehicle charging stations. Starwood’s latest brand innovation, Element made history in 2008 as the only major hotel brand to pursue LEED certification for high-performance buildings brand-wide. To date, there are Element hotels in 16 markets in North America, one Element hotel in Europe, one Element hotel in China, with new domestic and international hotels in development. Visit www.ElementHotels.com or connect on Facebook.

About Silverwest Hotels

Silverwest Hotels, LLC (“Silverwest”), is an investment and management company formed in 2014 by experienced hotel and resort executives Edward Mace and Charles Peck. Silverwest currently owns and manages a growing number of hotels and developments in destinations such as Colorado, Texas, Iowa and Hawaii.  The company is a joint venture that brings Silverwest Hotel Partners LLC together with the institutional management platforms and expertise of Mariner Real Estate Management, LLC and an affiliate of Global Endowment Management.   Mariner Real Estate Management LLC, based in Kansas City, is a real estate private equity firm focused on opportunistic investments in the commercial real estate market. Global Endowment, based in Charlotte, NC, is an independent investment manager offering an endowment-style investment program to institutional investors, family offices, individuals and other sophisticated investors. Please note, nothing herein constitutes a solicitation to invest in any products managed by Silverwest Hotels LLC, Mariner Real Estate Management LLC or Global Endowment Management LLC.