Red Octave's Facebook page offered the following as explanation:
Thank You All for your warm welcome & support. We hate to close our doors and go, but go we must. The mountains are calling.Vail regulars know Long for his frequent musical appearances at the Red Lion over the years. He purchased the Vail and Beaver Creek Chophouses in 2015.
We appreciate the support of our friends, family, and loyal guests. We enjoyed serving you and entertaining you over the past year. Unfortunately, we are closing our doors permanently, effective May 25.
We hope to see you at the Vail Chophouse, Beaver Creek Chophouse, and C-Bar sometime soon.