



Combined, The Midway Resorts can Now Host Groups as Large as 1,000
Legacy Resorts Management, the entity created to
save Zermatt Resort from its debt load last summer, purchased the
Homestead Resort across the street last Friday.
Legacy now owns both
properties on the west side of Midway and co-managing partner Steve
Eddington said that will allow the sharing of staff and assets. Guests
and homeowners at Homestead will have access to Zermatt's conference
space while Zermatt guests and owners will have access to the golf
course and crater. Both resorts have one restaurant or more and a spa.
The
combined resorts give Legacy the ability to host groups as large as
1,000 people, he said.
Legacy intends to preserve the unique
theme and personality at each resort, but combining the staff means the
service
level at The Homestead will be raised from three
diamonds to Zermatt's four diamonds, he said.
The resort was
purchased from the Shanons who had been seeking a buyer for some time.
Eddington said Legacy had been eyeing Homestead for awhile but only put
down earnest money 60 days ago.
The Homestead's décor pays homage
to its founding 125 years ago, and The Zermatt is Swiss-themed in honor
of the area's Swiss immigrants.
"Both are steeped in their own
wonderful traditions. We'll make them even better going forward," he
said. "They are absolutely complementary to one another."
Eddington
said Legacy is not foreseeing any lay-offs in the transition, but that
the "best of the best" from each resort will be combined to create a
level
of service fit for a four-diamond rating.
The
new access to amenities makes this a win-win for homeowners, he said.
Michael
Henke, Midway city planner, said he's relieved that Legacy has agreed
to adopt the development master plan worked out with the former owners.
They
also plan to upgrade some of the facilities, which is good news, Henke
said. The former owners had been trying to sell for nearly a decade and
had kept the resort operating, but not much more. Some of the amenities
need to
be updated, and Legacy has expressed an intention to
do that on their own time frame, he added.
by Andrew Kirk OF THE RECORD STAFF : The Park Record
For More Information on Park City and Deer Valley Homes Contact:
Michael Lapay
Prudential Utah Real Estate
Mobile: 435-640-5700
Toll Free: 888-410-7653
mlapay@pureparkcityrealestate.com
http://www.pureparkcityrealestate.com/00B42A