Urgo Hotels & Resorts and Triumph Development Partner to Build Residence Inn by Marriott in Breckenridge, CO

Rendering of planned Residence Inn by Marriott, Breckenridge, CO

Mathew Jalazo

BRECKENRIDGE, CO and BETHESDA, MD -- A joint venture partnership between Urgo Hotels & Resorts and Triumph Development, LLC has announced it broke ground on a 129-suite, custom-designed Residence Inn by Marriott in the heart of Breckenridge, Colo. 

Set to open in the fall of 2016, it will be the first new hotel built in Breckenridge in more than 20 years and is the first Marriott-branded hotel in the market.  

Urgo and Triumph will oversee the development of the hotel and Urgo will operate the hotel.

“Both Triumph and Urgo have a strong history of developing and repositioning hotels in mountain ski markets,” said Mathew Jalazo, director of development at Urgo Hotels.

 “We are patient developers, seeking unique sites with high upside potential.  Urgo and Triumph have been working on this project for over two years, acquiring the shuttered Breckenridge Mountain Lodge, arguably one of the best sites in the market, and then shepherding the project through the extensive permitting process.

“The Residence Inn will be only the second branded hotel in the market and we expect the Marriott flag and exceptional location to give us a compelling competitive advantage,” he added. 

For a complete copy of the company’s news release, please contact:

Chris Daly, media

chris@dalygray.com

(703) 435-6293

www.triumphdev.com

www.urgohotels.com.