Sixth Street, a global investment firm, has acquired the Park Hyatt Beaver Creek Resort & Spa from Braemar Hotels & Resorts for $176 million. The transaction was completed in partnership with Riller Capital.
The 193-key luxury mountain resort sits in the heart of Beaver Creek Village, offering ski-in/ski-out access to Beaver Creek Mountain and proximity to the village’s restaurants, boutiques and performing arts center.
All guest rooms and suites were renovated in 2025. The property includes multiple food and beverage venues, a full-service spa, a fitness center, a heated outdoor pool and hot tubs and approximately 50,000 square feet of meeting and event space.
“The Park Hyatt Beaver Creek is an iconic mountain resort and a rare opportunity to invest in irreplaceable real estate in one of the world’s most sought-after alpine destinations,” said Aman Gupta, principal of Sixth Street. “Beaver Creek’s long-term fundamentals are highly compelling, supported by meaningful barriers to new lodging supply and durable demand from leisure, group, and year-round resort travelers. With its premier ski-in/ski-out location, Park Hyatt brand affiliation, and deep amenity offering, the Hotel is well positioned to benefit from these dynamics over the long term.”
Sixth Street was advised by Latham & Watkins, Brownstein Hyatt Farber Schreck and Eastdil Secured. CBRE advised Braemar. Starwood Property Trust provided financing for the transaction.