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Synopsis
Host Hotels & Resorts, a real estate investment trust, completed the acquisition of Four Seasons Resort and Residences Jackson Hole, a 125-room luxury resort in Jackson Hole, from Dajia Insurance, an insurance company, 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. 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 Hotels & Resorts President and CEO.
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