Gemstone Named Consultant For Rockresort Portfolio

PARK CITY, UT— Gemstone Resorts International, a hotel and resort management company, has been retained by Olympus Real Estate Partners to provide day-to-day consulting services on its five Rockresort properties located throughout the United States. Gemstone will be responsible for assisting Olympus in maximizing asset value and return on capital for the four-star resorts through their specialty real estate services, including: master planning, creating property enhancement and marketing strategies, overseeing capital projects, providing operations and financial overview, and supporting growth of the Rockresort brand. “This is Gemstone’s third major assignment in the past four months,” noted Mark van Hartesvelt, Gemstone principal. “We believe this represents a trend by institutional and private investors who now seek more experienced hospitality specialists, especially during the current difficult operating environment. We expect to see this trend accelerate as the economic recovery begins to gain momentum, which is an opportune time to enhance investment returns.”