HayMax acquired the The Molly Gibson Lodge in Aspen, Colorado in April of 2007. The Hotel is conveniently located across the street from The Hotel Aspen, just three short blocks to downtown Aspen. The hotel benefits from high barriers to entry from new competition and its strong reputation among discerning travelers worldwide. HayMax acquired the property as a complement to its existing hotel to create further economies of scale. Entitlements for a new hotel were approved.