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Owners of the BROADMOOR Purchase Aspen's Historic Hotel Jerome.

COLORADO SPRINGS, Colo. -- Mrs. Christy Everest, Chairman and CEO of The Oklahoma Publishing Company, a privately owned corporation, announced today that the company has reached an agreement to purchase the historic Hotel Jerome in Aspen, Colorado. OPUBCO has owned the venerable 87-year-old Five-Star, Five-Diamond BROADMOOR in Colorado Springs since 1988, along with The Oklahoman newspaper in Oklahoma City since 1903.

"Our company and family are extremely excited about this opportunity," says Mrs. Everest. "We think the Hotel Jerome and Aspen are very special places. Our goals are long-term and, if successful, we'll pass on the Hotel Jerome in pristine condition to the next generation of guests, staff and the community." Mrs. Everest continues: "We see this as equal parts stewardship and ownership. We want to thank Jim McManus for giving us this opportunity and for preserving the Hotel Jerome these past two decades."

Renowned for relaxed elegance, personalized guest service and classic ambiance, the Hotel Jerome is an Aspen landmark. Originally funded by mining mogul Jerome B. Wheeler in 1889, the Hotel Jerome is noted for its luxurious lodging just steps from Aspen Mountain and the many boutiques, galleries, restaurants and nightlife, all of which make Aspen, Colorado, one of the most famous mountain resorts in the world.

"This is truly exciting for the Hotel Jerome, our staff and the Aspen community," says Hotel Jerome General Manager Tony DiLucia. "We are very appreciative of the opportunities we have had in the past and thrilled for what the future has in store for us. We are proud to be associated with such a reputable property and ownership and will continue the Hotel Jerome's mission of maintaining 'Aspen's Crown Jewel.'"

The Hotel Jerome is one of the cornerstones of historic Grand Hotels in Colorado and is a perfect complement to the "Grande Dame" of the Rockies, The BROADMOOR in Colorado Springs.

Built in 1918 by another mining mogul, Spencer Penrose, The BROADMOOR recently underwent a much-heralded and award-winning restoration and renovation of its original historic buildings. The 3,000-acre resort hosts 700 guest rooms, three championship golf courses, fifteen restaurants, cafes and lounges, a recently expanded spa and tennis facilities. It is the longest continuous winner of the Mobil Five-Star and AAA Five-Diamond awards for excellence, having held both honors since they were established.

Of the Hotel Jerome acquisition, BROADMOOR President Steve Bartolin says: "We are pleased and proud to be a new part of the Hotel Jerome's long legacy. We have a special feeling for historic properties and few are more historic than the Hotel Jerome. We will always be respectful of that history." Mr. Bartolin adds: "The goal of The Oklahoma Publishing Company is to provide the resources to allow the wonderful staff of the Hotel Jerome to make it one of the finest hotels in the world, doing the same for them as they have, and continue to do for us. We really like the Hotel Jerome; we really like Aspen and we are excited to be involved in the community. I think that both Jerome B. Wheeler and Spencer Penrose would approve as we continue to mine a bit of hotel history well into the 21st Century."
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Publication:Business Wire
Date:Apr 25, 2005
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