Natural Retreats, a luxury vacation rental management company based in Great Britain, has acquired Park City’s Resorts West. The acquisition is the firm’s 13th since 2015, bringing the total number of properties under management to more than 1,400 in 35 geographic locations in the United Kingdom, Europe and the United States.
The new division will be called Resorts West by Natural Retreats and is a collection of 125 properties that includes ski-in/ski-out private homes, Silver Stars’ slope-side resort lodging at Park City as well as luxury condominiums and townhomes located throughout Deer Valley Resort, Park City Mountain Resort, downtown Park City and Sundance.
“I founded this company so as many families as possible could have the same type of vacation experiences I had traveling to the national parks with my family as a child,” said Matthew Spence, founder and CEO of Natural Retreats. “We want you to love your home, get outside to enjoy a great walk on the beach, epic day of skiing or landing a beautiful cutthroat on the river — all the while feeling like you are getting the service you’d expect from your favorite hotel.”
Natural Retreats employs over 500 with local hospitality and property management experts in each location. Each Natural Retreats location is a significant small- to mid-sized business ranging from $500,000 to over $10 million in annual revenue that makes important contributions to the local resort community’s economy.
Natural Retreats will continue to focus on developing its strong local presence with the opening of a western regional office in Park City. Resorts West’s former owners, Joseph and James Ballstaedt, will continue to work with Natural Retreats to support the growth of the business.