New venture a first for CNN founder and philanthropist in Truth or Consequences, NM

Truth or Consequences, NM — April 4, 2013 — Renowned businessman, conservationist and philanthropist Ted Turner is broadening his presence in the hospitality industry. Turner purchased the historic Sierra Grande Lodge and Spa in Truth or Consequences, New Mexico, via a wholly-owned entity.  The Sierra Grande is well known for its unparalleled combination of luxurious accommodations, rustic charm and relaxing spa and mineral baths.  The Lodge is also a launching point for exploring the area’s exciting recreational, eco-tourism and artistic opportunities including  ancient hot springs, hunting and fishing, hiking, boating, bird watching, historic ghost towns, fine art galleries and world class golf.

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