News Summary

Castle Peak Holdings has officially acquired the Snow King Resort, marking a significant change for the iconic destination in Jackson Hole. The investment firm plans to invest $25 million in renovations, enhancing amenities and services to create a family-friendly atmosphere. The resort, known for its ski-in/ski-out access and proximity to downtown Jackson, aims to attract visitors seeking an unforgettable mountain experience. This acquisition reflects Castle Peak’s commitment to maintaining the local culture while providing exciting outdoor adventures for guests.

Exciting Changes Coming to Jackson Hole: Castle Peak Holdings Acquires Snow King Resort

Heads up, Jackson Hole residents and visitors! Big news is blowing in like a fresh powder day on the slopes. Castle Peak Holdings, a savvy investment firm known for its Trailborn hospitality brand, has just made a splash in our mountain town by acquiring the iconic Snow King Resort! Perfectly nestled in the heart of Jackson Hole, this resort isn’t just another pretty face in the mountains; it’s all set to undergo some major renovations that are causing quite a buzz.

The Resort Overview

For those who may not know, the Snow King Resort spans a sprawling eight acres and boasts a whopping 203 rooms, making it a prime spot for vacationers looking for the perfect mountain getaway. Guests can enjoy ski-in/ski-out access, a delightful restaurant, and not one, but two spa facilities—both indoor and outdoor. Sounds like heaven, right?

Renovation Plans

Now, let’s talk about the exciting future of Snow King Resort! This acquisition marks Castle Peak’s eighth property and its largest purchase to date. They have some grand plans in store, aiming to invest around $25 million in renovations. Those dollars are set to enhance public areas, revamp the hotel’s exterior, refresh the lobby, upgrade meeting rooms, and broaden the dining options. Fancy a bite to eat after a long day on the slopes? You might just find new cuisines to delight your taste buds!

Location, Location, Location!

Location is everything, and Snow King Resort has it in spades! Situated within a quick 10-minute walk from downtown Jackson, the resort is also conveniently located near the breathtaking Grand Teton and Yellowstone National Parks. Adventure awaits around every corner!

A Strive for Family-Friendly Fun

The new owners of the resort are all about enhancing the guest experience. Their vision comes with a strong focus on creating a family-friendly atmosphere with expanded amenities and services, making Snow King a go-to destination for families looking to soak in all that Jackson Hole has to offer. Imagine making snowmen with the kids during the day and then heading to the spa to unwind in the evening. Perfect, right?

Changing Room Rates

As with all good things, the price comes with a little bit of a bump! Following the renovations, the average cost for rooms will increase, ranging from $300 to $600 per night. But can you really put a price on a mountain experience enveloped in comfort and luxury?

Community Matters

While renovations are a big part of the plan, Castle Peak Holdings is also committed to working closely with the local community to ensure that the resort reflects the unique culture of Jackson. They understand that this isn’t just a business; this is a part of the local landscape, and they aim to maintain the charm and character that residents love.

Outdoor Adventures Await!

The acquisition continues Castle Peak’s strategy of expanding into high-demand outdoor markets, effectively creating significant barriers to entry for competitors. With Snow King Resort now in their portfolio, they are poised to attract visitors seeking outdoor adventure without losing the essence of what makes this area so incredibly special.

So, there you have it! Snow King Resort is gearing up for an exciting transformation that promises to enhance the experience for all who pass through its doors. This is just the beginning of a thrilling new chapter for Jackson Hole. Get ready for a winter wonderland like no other!

Castle Peak Holdings Acquires Snow King Resort in Jackson Hole