The Steamboat Springs Holiday Inn has been sold, confirmed by owner Scott Marr on Wednesday, November 9th. Rex’s American Grill & Bar is closing due to sale.
“I have great mixed feelings,” Ma said of the transaction, which is set to close in early January. “You know it’s been a great ride.”
Marr purchased the property in 2001. The 82-room hotel was occupied by Village Inn Restaurant at the time. In 2006, Rex’s Grill was created by Rex Brice and Marr., offers diverse American cuisine, friendly staff and bartenders, and a large backyard and lawn with views of the ski mountains. In 2010, 35 rooms and suites were added, bringing the total number of rooms to 117.
Ma said it received an unsolicited purchase offer from an undisclosed buyer, and the pending sale is expected to take place on January 3. The property will remain a Holiday Inn and the restaurant will continue to operate under Rex’s management until it changes owners and reopens under a new name. Once the sale is complete.
“Rex’s may be the name on the door, but this restaurant wouldn’t be Rex’s without Scott,” said Brice, owner and CEO of Rex’s Family of Restaurants. “We knew from the beginning that our friendship and partnership would make it work. I am very happy with Scott and hope the new owners will rethink what they do with this space.”
Rumors have been circulating for several weeks that the hotel at 3190 S. Lincoln Ave. has been sold. Marr confirmed the sale, but also said he wanted to let people know that the property will continue to operate as a Holiday Inn.
“This is a very successful operation,” said Ma. “No one is going to close it down and turn it into employee housing.”
Built in 1974 on less than five acres, the hotel features a seasonal outdoor pool, year-round indoor pool, fitness center, business center, and ample parking, Ma said. Rex’s American Bar & Grill has been a loyal fan in Steamboat Springs for 16 years.
Bryce said nothing will change at first, and guests can expect to be served familiar menu items throughout the winter season.
Bryce said there are no plans to reopen the restaurant in another location, and Rex’s Family of Restaurants will present new opportunities for growth while focusing on other concepts. Restaurant, The Laundry Kitchen and Cocktails, Creekside Café, Salt and Lime, Big House Burgers, Lil House Country Biscuits and more.
“While we are saddened that Rex’s Grill is closing, we are forever grateful to our loyal guests, Scott, and to all the wonderful staff who have worked here over the years,” said Bryce. I could write a book with all my memories…it was a great ride.”
Marr said the sale could slow the pace a bit, but Deluxe, 55 room hotel It will be built on land he owns, but is now leased to the city for parking, and is located at the northwest corner of 10th Avenue and Yampa Street.
As of March this year, it has been two years since we received the approval from the city, and we have until 2024 to obtain a permit for the project.
“I will be 68 next Saturday,” said Marr. “I’m trying to get some things done so I can enjoy the next 20 years of my life.”
To contact John F. Russell, call 970-871-4209, email [email protected] Or follow him on Twitter @Famp1966.