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Montana’s Chico Hot Springs Resort sold for $33 million

August 3, 2023 /

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Chico Hot Springs Resort has been sold for $33 million to a Maryland-based real estate investment trust, the company announced Thursday.

DiamondRock Hospitality Company purchased the 117-room Paradise Valley resort north of Yellowstone National Park and an adjacent ranch that sits on 595 acres. DiamondRock is described in the press release as a “self-advised” REIT. The company owns 36 hotels and resorts.


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