November 15, 2004,South Lake Tahoe, CA- Professional Snowboarder Marc Frank Montoya and Las Vegas Hotelier Liko S. Smith have agreed to purchase the Park Inn Hotel and Conference Center in Wasua, WI from Heyde Hospitality. Terms of the deal were not disclosed but the property is valued at $6 to 8million. The Park Inn is the closest hotel to Granite Peak Ski Resort at Rib Mountain in Wasua, WI. It is less than 1/10 mile from the resort.
Granite Peak Resort has been the fastest growing resort in the midwest over the past 4 years.The resort is comprised of 72 runs (58 new) the midwests longest highspeed chairlift as well as 4 additional new chairlifts and a terrainpark with halfpipe opening in the 2004/2005 season. Other improvements include a new 10,000 sq. ft. grille overlooking the slopes, a new sports shop with peak peforming demos and tuning center as well as an all new alpine learning center and Bears Den tavern with live music and entertainment. More information can be seen at www.skigranitepeak.com
The Park Inn Hotel and Conference Center, Wasua will undergo a $2 Million dollar renovation and be re-opened as