Stanley Hotel Sold for $400 Million: Major Renovations Ahead

In a landmark event for Colorado’s tourism and cultural scene, the iconic Stanley Hotel in Estes Park was sold in May 2025 for an impressive $400 million. This historic property, known for inspiring Stephen King’s novel The Shining, will undergo significant changes as part of its new ownership under a public-private partnership named the Stanley Partnership for Art Culture and Education (SPACE).