Did you hear?… Royal Gorge's Rainbow Lodge is for sale — $7 million
After buying the Royal Gorge Ski Resort in 2005 from John Slouber, Bay area developers Todd Foster and Kirk Syme have now put the Rainbow Lodge on the market for $7 million, raising concerns about development in the area.
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Well, it had to happen, we suppose, but putting Rainbow Lodge on the market is just one more example that once John Slouber sold Royal Gorge Ski Resort in 2005 to Bay area developers Todd Foster and Kirk Syme, things were never going to be the same. The rustic 1920s inn, home to many an outdoor clinic, and loads of memories for many of us in the outdoor industry, is being sold for a cool $7 million, and that includes 114 acres of surrounding land and artesian wells that supply water to the lodge. Locals fear that this is a precursor to further focus on developing the remaining acreage of the Royal Gorge Ski Resort. In a local newspaper report, Linda Stoddart, Rainbow Lodge’s reservation manager, was quoted as saying, “I think people just have to embrace the future. It could be even better.” Let’s hope.
