ResortQuest to Manage Bear Creek Lodge


TELLURIDE, Colo.—(BUSINESS WIRE)—Aug. 21, 2003—ResortQuest International (NYSE:RZT) has been named the resort and vacation rental manager for the Bear Creek Lodge, a luxury resort property in Mountain Village in the Telluride Ski Resort area.
The new management assignment, which begins Sept. 15, will add approximately 40 upscale condominiums to ResortQuest`s existing inventory of roughly 250 condominiums, homes and town homes in Telluride, the popular mountain resort in San Juan Mountains of Colorado.
“Bear Creek will become our flagship property in Mountain Village. The lodge will serve as a check-in location for all of our properties in the village,” said Steve Hilliard, Regional Manager of ResortQuest Colorado. “Bear Creek also provides a wonderful setting for executive retreats, family reunions and wedding groups. We expect this will be very popular property because of its proximity to both the town village and ski lifts.”
By the end of 2004, Bear Creek will become a true ski in/ski out property with the scheduled completion of an access lift. ResortQuest will manage the resort, including Bear Creek`s front desk, and will also promote the vacation rentals at the three year-old property.
ResortQuest International was selected as the management company for Bear Creek resort because of the company`s strong local roots in Telluride that are backed up with national marketing power as one of the top names in the vacation rental industry. ResortQuest`s local company has been managing vacation condos and homes in Telluride for nearly 30 years.
Bear Creek offers guests the choice of fully-equipped one, two, three and four-bedroom condominiums with data ports, gas fireplaces, washer/dryer and jetted-tubs in every room. The Lodge also offers concierge services, shuttle service to the slopes, a business center, an outdoor heated pool, indoor and outdoor hot tubs, Kiva massages, a health fitness center with steam room, sauna and Jacuzzi, along with video rental and a game room for children.
About ResortQuest International - Florida-based ResortQuest International (NYSE:RZT), the first brand name and “real-time” online booking service, http://www.resortquest.com, in vacation condominium, home and villa rentals and sales, provides a one-stop resource for more than 50 premier resort destinations in the U.S. and Canada. ResortQuest is the nation`s leading vacation rental property management company, based on a portfolio of approximately 20,000 vacation rental properties with a combined real estate value estimated in excess of $7.0 billion.
All of ResortQuest`s vacation rental accommodations include spacious, well-appointed condominiums, homes or villas. ResortQuest also manages a portfolio of hotel properties in Florida and Hawaii. To make reservations or view special offers, visit resortquest.com or call 800-GO-RELAX.

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