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Discover the New Marriott Duo in Vail Valley – Opening June 2024!

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Perfectly nestled between Vail and Beaver Creek’s prime attractions.  

AVON, Colo., July 9, 2024 /PRNewswire/ —  The 116-suite SpringHill Suites by Marriot and 127-suite TownePlace Suites by Marriott in Avon, Colorado opened Tuesday, June 25th, 2024. With pet friendly suites embracing a mountain ethos, we offer unparalleled flexibility to tailor our guests experience. Located at 1782 Swift Gulch Road, the all-suite dual brand hotel will operate as a Marriott franchise. Owner  JMA Ventures, LLC  served as the project developer and managed by Pyramid Global Hospitality.

Perfectly situated, this Marriott duo offers the ideal valley location. Just 10 minutes from the base of Beaver Creek and Vail mountains, it provides easy access to the Eagle River and over 100 miles of paved bike paths. Land investor Traer Creek and JMA Ventures, LLC understood at the onset the significance of the location and bringing a quality product with an elevated design that could complement the surrounding area and set the tone for development north of Exit 168.

JMA Ventures, LLC is excited to bring a high-quality Marriott dual brand hotel to the Avon / Vail Valley,” says JMA’s Vice President, Gaelan Kerr-Koppel. “JMA and Traer Creek identified a missing middle in the current hotel market surrounding the Vail and Beaver Creek resorts and believes these new SpringHill Suites and TownePlace Suites hotels will cater to demand from the growing Denver metro, domestic and international travelers, and serve as a community hub and centerpiece to the entrance to the Town of Avon.”

The hotel exudes the charm and warmth of a cozy mountain cabin, featuring custom-made decorative pieces that reflect the region’s artisanal craftsmanship. The inviting spaces are enhanced by vaulted ceilings, creating an airy yet intimate atmosphere reminiscent of a luxurious residence. Every detail seamlessly blends with the picturesque landscape, offering guests a harmonious and tranquil retreat. Kerr-Koppel shares “The hotels feature a shared lobby gathering space and signature bar set against the south facing, two story atrium glass that features tremendous and expansive views of the Vail Valley.”  

While on property, guests can create their own complimentary hot breakfast every morning in the lobby area and can fire up their stay by grilling up dinner on the outdoor Weber grills. Other hotel amenities include an outdoor swimming pool and hot tub, a fitness  center open 24 hours per day, a meeting room, laundry facilities, complimentary Wi-Fi throughout the hotel and on-site business services, including copying, faxing and printing. We recognize that families may include more than just humans, which is why SpringHill Suites & TownePlace Suites is pet-friendly (fees may apply).

Corduroy Bar and Lounge offers a delightful selection of simple yet scrumptious bites, paired perfectly with our thoughtfully curated specialty beverage menu. “This isn’t your typical SpringHill Suites and TownePlace Suites hotels. These hotels feature a lobby bar; it provides a unique and inviting ambiance that sets it apart. Enjoy stunning valley views as you relax and savor the exceptional flavors in every visit.” Shares General Manager, Drew Gunderson.

Local and Colorado native, Pam Brown, Director of Sales & Marking says “Our outdoor living space is truly exceptional, featuring an activity lawn perfect for your favorite yard games, a fire pit for relaxation after a day of exploration, and an outdoor pool and hot tub. The views from sunrise to sunset are unparalleled. We eagerly anticipate welcoming you to experience it all!”

Kerr-Koppel joyfully ends with, “JMA Ventures, LLC would like to thank all of our partners who assisted in the development of the hotels including the Town of Avon, Traer Creek, Benefit Street Partners, and the Village (at Avon) Design Review Board.”

SpringHill Suites caters to the modern, savvy traveler seeking style and convenience, offering spacious suites larger than typical hotel rooms. Each suite features separate living, working, and sleeping areas, with comfortable beds and plush pillows for an optimum night’s sleep. The custom West Elm ® sofa and swivel chair add stylish relaxation options, while the well-lit workspace ensures maximum productivity.

TownePlace Suites  excels in providing comfortable suites tailored for longer stays, featuring fully equipped kitchens and the convenient Elfa ® closet system from The Container Store ®. Guests can work and relax in modern studio and one-bedroom suites with stainless steel appliances, adjustable workspaces, and large flat-screen TVs. Each suite offers distinct living, working, and sleeping areas, ensuring a flexible and comfortable stay.

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Insight Partners closes in on new $10 billion fund, FT reports

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(Reuters) -Private equity firm Insight Partners is on the brink of closing a new $10 billion-plus fund, roughly half the amount originally targeted, the Financial Times reported on Sunday, citing five people with knowledge of its plans.

Insight will not formally close its 13th fund until early next year, the report said, adding that the final figure may be closer to $12 billion.

Insight Partners declined to comment on the report.

The report said Insight is using a private equity-style structure to sell more than $1 billion worth of stakes in start-ups and to free up cash to return to investors.

One of the start-ups is Israeli cybersecurity firm Wiz, which had called off a $23 billion deal with Google parent Alphabet (NASDAQ:) in July, the report said.

New York-based Insight raised $20 billion for its 12th flagship fund in 2022, aiming to ramp up investments in software and technology companies.

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Houthi missile reaches central Israel for first time, no injuries reported

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JERUSALEM (Reuters) -Prime Minister Benjamin Netanyahu said Israel would inflict a “heavy price” on the Iran-aligned Houthis who control northern Yemen, after they reached central Israel with a missile on Sunday for the first time.

Houthi military spokesman Yahya Sarea said the group struck with a new hypersonic ballistic missile that travelled 2,040 km (1270 miles) in just 11 1/2 minutes.

After initially saying the missile had fallen in an open area, Israel’s military later said it had probably fragmented in the air, and that pieces of interceptors had landed in fields and near a railway station. Nobody was reported hurt.

Air raid sirens had sounded in Tel Aviv and across central Israel moments before the impact at around 6:35 a.m. local time (0335 GMT), sending residents running for shelter. Loud booms were heard.

Reuters saw smoke billowing in an open field in central Israel.

At a weekly cabinet meeting, Netanyahu said the Houthis should have known that Israel would exact a “heavy price” for attacks on Israel.

“Whoever needs a reminder of that is invited to visit the Hodeida port,” Netanyahu said, referring to an Israeli retaliatory air strike against Yemen in July for a Houthi drone that hit Tel Aviv.

The Houthis have fired missiles and drones at Israel repeatedly in what they say is solidarity with the Palestinians, since the Gaza war began with a Hamas attack on Israel in October.

The drone that hit Tel Aviv for the first time in July killed a man and wounded four people. Israeli air strikes in response on Houthi military targets near the port of Hodeidah killed six and wounded 80.

Previously, Houthi missiles have not penetrated deep into Israeli air space, with the only one reported to have hit Israeli territory falling in an open area near the Red Sea port of Eilat in March.

Israel should expect more strikes in the future “as we approach the first anniversary of the Oct. 7 operation, including responding to its aggression on the city of Hodeidah,” Sarea said.

The deputy head of the Houthi’s media office, Nasruddin Amer, said in a post on X on Sunday that the missile had reached Israel after “20 missiles failed to intercept” it, describing it as the “beginning”.

© Reuters. Smoke billows after a missile attack from Yemen in central Israel, September 15, 2024. REUTERS/Ronen Zvulun

The Israeli military also said that 40 projectiles were fired towards Israel from Lebanon on Sunday and were either intercepted or landed in open areas.

“No injuries were reported,” the military said.

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Eight die in Channel crossing attempt, French authorities say

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PARIS (Reuters) – Eight people have died trying to cross the Channel from France to England, French authorities said on Sunday, confirming earlier media reports.

This latest incident follows the deaths of 12 people earlier this month when their boat capsized in the Channel on its way to Britain and highlights the pressure on the British and French governments to find ways to tackle the boat crossings.

Jacques Billant, the Prefect of the Pas-de-Calais region, said that rescue crews were alerted that a boat with 59 people onboard was in difficulty in waters off the coast of Ambleteuse in the Pas-de-Calais area.

“A new drama took place around one in the morning and we deplore the death of eight people,” he told a news conference, adding that the other 51 onboard were now in the care of rescue and medical crews.

The dead were men from Eritrea, Sudan, Syria, Egypt, Iran and Afghanistan, he added.

The Channel is one of the world’s busiest shipping lanes and currents are strong, which makes crossing on small boats dangerous.

© Reuters. Members of the Gendarmerie patrol at the beach in Ambleteuse, where several people reportedly died trying to cross the Channel from France to England, in Ambleteuse, France, September 15, 2024. REUTERS/Gonzalo Fuentes

The latest incident brings to 46 the number of people who have died trying to cross the Channel from France since the start of the year, Billant said.

On September 14 alone there were eight attempts to cross the Channel from France and some 200 migrants were rescued, he said.

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