The Hotel Colorado was built in 1893 and is one of the oldest hotels in Colorado. Here is a little bit of its history from Wikipedia: Hotel Colorado.
Established by silver magnate and banker Walter Devereux, construction began in 1891 at a cost of $850,000. Edward Lippincott Tilton designed the building as a replica of the Villa de Medici. Local materials used include cream-colored Roman brick and Peach Blow Sandstone; imported items included 12,000 yards of carpet and 2,000 rose bushes. The Hotel Colorado opened on June 10, 1893 to a program including a fireworks display, an orchestra in the ballroom, and dining at midnight for the 300 couples in attendance.
The hotel quickly became a popular summer retreat, earning the nickname of "the little White House of the West" after extended visits by Presidents Theodore Roosevelt and William Howard Taft. The teddy bear is alleged to have been invented during President Roosevelt's 1905 visit when the hotel's maids presented him with a stuffed bear pieced together with scraps of fine material.
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