Thursday, April 13, 2006

Tahoe Puttin' on the Ritz

There goes the neighborhood, but perhaps in a good way.

East West Partners, developer of resorts at ski locations including Beaver Creek, Breckenridge and Vail, and Crescent Real Estate Equities Company have made a deal with The Ritz-Carlton Hotel Company to operate Lake Tahoe’s first five-star luxury hotel. Size: 172 rooms. Site: The Highlands, a new set of ski-in/ski-out residences at Northstar-at-Tahoe. A favorite of Northern California visitors, Northstar has a brand-new village and has been ranked fifth in North America by Ski Magazine for its family programs.

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