Historic Hotel Boulderado acquired by AJ Capital Partners
- AJ Capital Partners is acquiring the Hotel Boulderado and plans to modernize it while preserving its historical significance.
- The hotel, which is 116 years old, will become part of the Graduate by Hilton collection after renovations.
- The ownership change reflects a commitment to enhance the guest experience while maintaining the hotel's architectural integrity.
In Boulder, Colorado, a significant change was announced regarding a well-known hotel. AJ Capital Partners, a group specializing in property development, has agreed to acquire the Hotel Boulderado, which has been a downtown landmark for 116 years. The acquisition involves collaborating with the current owners, Frank and Gina Day, who have managed the hotel for more than four decades. The initiative aims to preserve the architectural beauty of the hotel while also enhancing the overall guest experience through planned renovations. The Hotel Boulderado, which features Italian Renaissance and Spanish Revival architectural styles, holds a spot in the National Trust for Historic Preservation's Historic Hotels of America program. It gets its name from a combination of the words Boulder and Colorado. Under the new ownership by AJ Capital Partners, the hotel will join the Graduate by Hilton collection, indicating a shift that aims to modernize while maintaining historic integrity. The transition is crucial as it reflects a broader trend in the hospitality industry where historic venues are adapted for modern demands without losing their essence. A remodeling project is scheduled to begin later this year, expected to extend until spring of next year. During this period, the Hotel Boulderado will remain open, allowing guests to continue enjoying its services while improvements are underway. The planned renovations seek to maintain the hotel’s charm and tradition as a beloved establishment in the community, while providing necessary updates to meet contemporary standards for hospitality. The news signifies not just a change in ownership but also a commitment to sustaining local heritage and enhancing business viability in the area. The ongoing partnership between AJ Capital Partners and the current owners underscores the intention to honor the historical significance of the hotel. The Hotel Boulderado will see new investments aimed at enriching the visitor experience, ensuring this cherished venue remains a vibrant part of Boulder’s cultural and architectural landscape.