Snow King Resort Hotel in Jackson, Wyoming, Purchased by KDG Capital
February 12, 2019 2:03pm
BENCHMARK® will continue to operate popular destination resort.
The Woodlands (Houston), Texas, February 2019 … KDG Capital, a Florida-based real estate private equity firm, has purchased the Snow King Resort Hotel in Jackson, Wyoming. BENCHMARK®, a global hospitality company, will continue to operate and market the 230-room property, located at the foot of Snow King Mountain in the Grand Teton mountains, just minutes from the center of Jackson Hole, Wyoming. KDG plans to invest $5 million in capital improvements to the property. Snow King Resort Hotel is part of Benchmark’s signature Benchmark Resorts & Hotels brand.
“We are excited to be a part of this iconic resort’s future and to contribute positively to the Jackson community,” says Greg Ogle, Partner at KDG Capital LLC. KDG Capital is a family office private equity firm based in Tampa, Florida, focused on acquiring and operating full service hospitality properties throughout the United States. Recent additional purchases include Cheyenne Mountain Resort in Colorado Springs, CO, and the Seaview Hotel and Golf Club in Galloway, NJ.
“We are very pleased and proud to continue our management of Snow King Resort Hotel, and excited to be working with KDG Capital on this venture,” says Benchmark’s CEO Alex Cabañas. “The resort holds a special place in the community and is an excellent example of our commitment to experiential travel,” Mr. Cabañas notes. In recent years, Benchmark introduced and expanded its Wanderlust platform to offer guests unique, customized travel experiences that inform and inspire. Snow King and the surrounding area offer a variety of all-season culinary, cultural and shopping experiences as well as outdoor adventures that span mountaineering, dog sledding, tandem flights, fishing and skiing. One of America’s top winter ski resorts, Jackson Hole is known for deep powder and challenging slopes. Snow King has its own ski lift, instructors and equipment rentals, and of course, facilities for après ski. The resort also offers the only night skiing in Jackson Hole.
The Snow King Resort Hotel offers 230 deluxe guestrooms and suites and vacation condos for vacation rentals. Ten thousand square feet of meeting and event space is available for conferences, business meetings, special events and weddings. The resort’s Hayden’s Post Restaurant offers fine dining with Western flair and stunning mountain views. For more casual fare, the Hayden’s Post Bar and Kitchen is open for breakfast, lunch and dinner. Other resort facilities include Olga’s Spa, a heated outdoor swimming pool, fitness center and shuttle service to Jackson Hole Airport and other ski areas.
Once the hunting and gathering grounds for Native Americans and European fur trappers and later a hub of Wyoming’s cattle ranchers, Jackson Hole today is one of the world’s most acclaimed and beautiful resort destinations. Its spectacular mountains set a scene for all seasons, with hiking, horseback riding, river rafting and abundant wildlife for viewing at nearby Yellowstone and Grand Teton National Parks. Jackson Hole is also noted for its fine restaurants, art galleries and boutiques.
benchmark resorts & hotels,
snow king resort hotel,
KDG Capital is a real estate private equity firm focused primarily on the acquisition of existing full-service hotels and resorts that can benefit from enhanced branding, management, renovation and repositioning. Since inception in early 2017, KDG Capital has completed over $300 million of hospitality investments and continues to expand its portfolio. The group’s streamlined processes allow for efficient investment and asset management decisions thereby enabling competitive advantages for the platform.
BENCHMARK®, a global hospitality company, is a leader in the development, management, and marketing of independent, soft branded, and experiential hard branded resorts, hotels, and conference centers. In addition to the company’s award-winning full service Benchmark Resorts & Hotels, its lifestyle and luxury Gemstone Collection, and its industry-leading Benchmark Conference Center division, etc.venues is a leading provider of contemporary city centre venues for meetings, signature events, and conferences. BENCHMARK’s combined portfolio features more than 80 unique projects across three continents. The company is passionately committed to delivering personal, inspiring, and memory-making experiences, driving total revenue and profitability, and cultivating an award winning, “Be The Difference” culture for all its employees. BENCHMARK, is based in The Woodlands (Houston), Texas, with offices in London, England; Miami, Florida; Park City, Utah; Scottsdale, Arizona; New Brunswick, New Jersey; Seattle, Washington; and Tokyo, Japan.www.benchmarkglobalhospitality.com To become a fan on Facebook, visit www.facebook.com/BenchmarkResortsandHotels, www.facebook.com/GemstoneHotelCollection. Follow us on Twitter at www.twitter.com/BenchmarkHotels, www.twitter.com/GemstoneHotels , on Instagram at www.instagram.com/benchmarkresortsandhotels, www.instagram.com/gemstonehotels, and on Pinterest at www.pinterest.com/benchmarkhotels/gemstone-hotels. At LinkedIn, https://www.linkedin.com/company/benchmark-a-global-hospitality-company/
Contact: Ken Ellens
Oxygen Hospitality Acquires Wyndham Garden Phoenix Midtown; Renovation Planned
BENCHMARK® Names Joseph Cavet Director of Food & Beverage for The Kartrite Resort & Indoor Waterpark
Best Western® Hotels & Resorts Acquires WorldHotels
BENCHMARK®, a global hospitality company, Names David Kingston General Manager for Snow King Resort Hotel & Condos
Pebblebrook Hotel Trust Completes Sale of the Liaison Capitol Hill
Sandpiper Lodging Trust Acquires Four WoodSpring Suites Hotels From Wills Capital Partners
IHG Acquires Six Senses Hotels Resorts Spas From Pegasus Capital Advisors for $300 Million
Avantgarde Hospitality Acquires The Ivy Boutique Hotel in Chicago, Illinois
Kingwood International Resorts Acquires Reunion Resort in Central Florida
U.S. News & World Report Names 22 BENCHMARK® Properties to “Best Hotels List” for 2019
Sawyer Realty Holdings Acquires 130-Room Residence Inn by Marriott Boston Tewksbury/Andover in Massachusetts
BENCHMARK® Names Dan Paradiso, CMP, Director of Sales & Marketing for The Kartrite Resort & Indoor Waterpark
Rockbridge Acquires The Tennessean Hotel and Holiday Inn Knoxville Downtown Hotel
Paramount Lodging Advisors Sells Ocean Front Gold Beach Inn, Ireland’s Rustic Lodges & RV Park and Ireland’s Commercial Income Property in OR
BENCHMARK® Appoints David Kohlasch General Manager for The Kartrite Resort & Indoor Waterpark
BENCHMARK® Expands in the Pacific Northwest With Management of Avenue Bellevue InterContinental Hotel
Red Planet Japan to Acquire Thailand Hotel Portfolio From Parent Company Red Planet Hotels LImited for $60 Million
BENCHMARK®, a global hospitality company, Presents the “Top Ten Meeting Trends for 2019”
AWH Partners Acquires 100-Acre Topnotch Resort and Spa in Stowe, Vermont
Pacifica Hotels Acquires Residence Inn by Marriott Anaheim Hills Yorba Linda
Please login or register to post a comment.