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COLORADO SPRINGS, COLO. – The 500-room Crowne Plaza Hotel in Colorado Springs has sold to 513 Hotels, LTD for an undisclosed sum. The hotel is located at 2886 S. Circle Drivejust south of downtown. It was built in 1974 and expanded in 1985. In addition to serving as a family and business-friendly hotel, the Crowne Plaza accommodates a variety of activities for the many military, government and related businesses nearby. This includes Fort Carson, Peterson Air Force Base, Schriever Air Force Base, Cheyenne Mountain Air Station and the US Air Force Academy. David Buddemeyer of Driftwood Hospitality Management acted as the hotel’s receiver. The sale was executed by Rockwood Real Estate Advisors.