Host Hotels & Resorts completed the acquisition of Four Seasons Resort and Residences Jackson Hole from Dajia Insurance for $315m.

Host Hotels & Resorts, a lodging real estate investment trust, completed the acquisition of Four Seasons Resort and Residences Jackson Hole, a 125-room luxury resort, from Dajia Insurance for $315m. “We are thrilled to add the Four Seasons Resort and Residences Jackson Hole to our portfolio. It is an iconic, irreplaceable asset in a new market for Host, and one of only a handful of luxury ski resorts in the country. From 2014 through 2019 the Resort had a RevPAR CAGR of 5.8%, significantly outperforming the broader ultra-luxury set, which had a RevPAR CAGR of 4.3% over the same time period. With year-round demand generators, no new supply on the horizon and a recent comprehensive guestroom renovation, we believe the Resort is well positioned to continue outperforming over the long term, driving value for our portfolio and our shareholders,” James F. Risoleo, Host President and CEO.