Blue Flag, a real estate private equity and development firm, completed the acquisition of Alpenhof Lodge and Snake River Lodge, two hotels. Financial terms were not disclosed. With two new hotel acquisitions in Teton Village, Blue Flag Capital is set to make their mark on Jackson Hole. The Alpenhof and Snake River Lodge are two long standing favorites in Jackson Hole according to Brad Guidi, CDO and Co-Founder of Blue Flag Capital, these two properties were a perfect addition to their portfolio, “inspiration at first sight is crucial for any property we consider. We seek a certain indescribable spark in each location. Both the Alpenhof and Snake River Lodge have this."