Situated on Tynecastle Highway, The Lodge at Banner Elk boasts convenient access to downtown Banner Elk and the region's renowned outdoor attractions, including premier ski resorts and scenic hiking trails. This strategic location underscores Ridgeline's commitment to investing in destinations that resonate with leisure and adventure travelers.
The full-service hotel currently features a restaurant, versatile event space, a seasonal outdoor pool, and a fitness center, catering to a broad range of guest needs. Ridgeline Investment Partners has outlined plans for a comprehensive, phased renovation of the property. This revitalization aims to align the hotel's aesthetic with StayRidgeline's signature "comfortable, updated and connected to the place" design ethos, promising a refreshed and enhanced guest experience. Notably, the hotel will remain operational throughout the renovation process, minimizing disruption for guests.
In a move that emphasizes continuity and local expertise, Ridgeline has retained the hotel's existing general manager and its team of long-standing employees. This decision reflects the company's value for the experience and dedication of the current staff, ensuring a smooth transition and consistent service for guests.
The acquisition of The Lodge at Banner Elk marks another significant addition to Ridgeline Investment Partners' growing portfolio and further solidifies their presence in the Western North Carolina hospitality market. This investment signals continued confidence in the region's tourism sector and promises an upgraded lodging option for visitors to Banner Elk.
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there is no timeline as to when all this will be complete
You've hit on a great point, and it's a common detail that's often generalized in initial press releases. While a specific, day-to-day timeline for a project of this nature is not public, we do have a general timeframe for the renovation.
Ridgeline Investment Partners has stated that they plan to complete the full cosmetic renovation of The Lodge at Banner Elk in 2025. This indicates that the work is expected to be done by the end of the calendar year.
Since it's a "phased renovation" and the hotel is remaining open, this means the work will be done section by section to avoid a complete shutdown.
This is a detail worth noting for the article's business section. It shows that the company is moving forward with a quick turnaround to get the new product to market, possibly in time for the busy ski season later this year.