Reservations are now open to experience the next generation of Deer Valley, where mountain sophistication meets nature’s wonders in the new Deer Valley East Village
PARK CITY, UTAH (September 26, 2024) – Grand Hyatt Deer Valley will
set a new standard of mountain adventure and hospitality as it
anticipates welcoming its first guests in November 2024. This beautiful
resort marks the debut of Deer Valley East Village and offers an
exclusive first look at the expansive new terrain of Deer Valley. The
new hotel will feature approximately 400 luxury accommodations,
including 100 discounted rooms reserved nightly for our country’s
service members, multiple exciting food and beverage experiences, and
one of the most extensive mountainside event facilities in the U.S. In addition
to Deer Valley’s expanded ski terrain, the property’s ideal
positioning allows for effortless access to hundreds of miles of hiking
and biking paths, as well as access to the Jordanelle Reservoir,
providing guests with exciting adventure opportunities for all seasons. With
music-forward après-ski experiences, sophisticated dining, and engaging
entertainment, Grand Hyatt Deer Valley is poised to become the heartbeat
of this premier mountain destination’s new village, offering curated
adventure packages for every traveler.
“Grand Hyatt Deer Valley is set to redefine alpine luxury, bringing
year-round adventure travel dreams to life by blending bespoke elegance,
extraordinary amenities and a warm, family-friendly atmosphere,” said
Grand Hyatt Deer Valley General Manager Anthony Duggan. “Our commitment
to community collaboration and connectivity will also help ensure that
we remain rooted in the values that make Deer Valley so special.”
The Deer Valley East Village expansion is North America’s first luxury
alpine village to be developed in 1981. The visionary Extell
Development company is leading the development of the base area while
Deer Valley’s Expanded Excellence initiative is driving the expansion
of the terrain. Grand Hyatt Deer Valley, the vibrant center of Deer
Valley East Village will offer guests easy access to 300+ new skiable
acres for the 2024-25 season, several debut ski runs, and three new
chairlifts, surrounded by the beauty of the Wasatch and Uinta Mountains.
The resort’s luxurious guestrooms, suites, and now sold-out residences
offer a harmonious blend of contemporary design with mountain luxury and
charm. Oversized windows in each room frame the iconic Rocky Mountains,
Heber Valley and Jordanelle Reservoir outside, while generously sized
rooms, spa-inspired bathrooms, and spacious walk-in closets complete the
modern luxuries inside.
Grand Hyatt Deer Valley, with its nearly 30,000 square feet of indoor
and outdoor event space will be one of the biggest conference
destinations in a mountain community in North America and the largest in
Park City. Located just a 40-minute, stoplight-free drive from Salt Lake
City International Airport, Grand Hyatt Deer Valley offers the pinnacle
of excellence for meetings, celebrations, and events in cutting-edge
conference facilities equipped with in-house A/V support, custom digital
signage, and an exclusive event entrance. Grand Hyatt Deer Valley
seamlessly blends modern elegance with the natural surroundings,
offering versatile indoor and outdoor spaces for unforgettable
gatherings.
Celebrated Chef Marc Marrone, Chef Viktor Merenyi and legendary New York
City Mixologist Frank Maldonado will unite at Grand Hyatt Deer Valley to
bring innovative experiences that will enhance every aspect of culinary
and beverage programming across the property. Grand Hyatt Deer
Valley’s signature restaurant, Remington Hall, will feature rustic
American fare, while Double Blacks, the resort’s coffee shop, powered
by renowned Park City Coffee Roasters, will invite guests to activate
their day with single-source bean coffee, breakfast, croughnuts, and
other delights. The resort’s Living Room, a soaring space made cozy by
an oversized fireplace will offer the ultimate family après vibe,
serving artisanal hot chocolate and pastries, all set against a backdrop
of breathtaking views. Featuring live music that celebrates the
classics, Hidden Ace is poised to become a beloved local hangout. Beyond
the brick and mortar, exciting programming, and partnerships will round
out the Utah-forward alpine food and beverage experience when doors open
November 2024.
Complementing the culinary alchemy, world-class accommodations, and
stunning event spaces, Grand Hyatt Deer Valley, will provide many
amenities to help guests rebalance and recharge. Guests will enjoy a
heated outdoor pool, three oversized hot tubs, and a spacious pool deck
offering panoramic mountain views and a lively nighttime entertainment
program. For those seeking fitness and wellness, the property offers a
modern fitness lounge with panoramic views of the Jordanelle Reservoir,
as well as a serene retreat in the first phase of the hotel’s spa
opening.
For families, a dedicated Camp Hyatt Kids Club, including Nap-working
Events, a Kids’ Happy Hour, and a hangout hub for gaming and socializing,
will ensure endless entertainment for younger guests and parents alike.
For some furry family members, Grand Hyatt Deer Valley will welcome dogs
up to 75 lbs., offering a dog run, a special dog menu, and all the
amenities a pampered pup could want.
Reservations are now open for stays beginning November 20, 2024.
For more information and to reserve, please visit:
www.grandhyattdv.com [3].
About Grand Hyatt
Around the world, Grand Hyatt hotels bring travel dreams to life by
celebrating the iconic in small details and magnificent moments. Located
at the crossroads of local culture and global business within major
gateway cities and resort destinations, each Grand Hyatt hotel is
uniquely designed to be a captivating destination within a destination.
Grand Hyatt hotels deliver welcoming and elevated service, first-class
accommodations and abundant options within a multicultural
backdrop of dramatic architecture and bold and vibrant design. Grand
Hyatt hotels boast inventive restaurants, luxury spas, fitness centers,
and business and meeting facilities. For additional information or to
make a reservation, please visit grandhyatt.com [4]. Follow @GrandHyatt
on Facebook and Instagram, and tag photos with #GrandHyatt.
About Deer Valley East Village
Situated 40 minutes from the Salt Lake City International Airport, Deer
Valley East Village will anchor Deer Valley’s major terrain expansion
and provide a modern base and gateway to the expanded ski terrain. The
village’s year-round attractions will include dining, shopping,
entertainment, and recreational activities, as well as a children’s center and
one of the largest ski beaches in the world. Opportunities to own real estate
will continue to develop over the coming years. For more information,
please visit deervalleyeastvillage.com [5]
About Extell Development Company
Founded and headed by Gary Barnett, Extell Development Company is a
nationally acclaimed real estate developer of residential, commercial,
retail, hospitality, and mixed-use properties operating in New York
City, Utah, and other premier locations across the nation. In
collaboration with world-class architects and design professionals,
Extell creates properties distinguished by sophisticated design,
gracious floor plans and first-class amenities. For more information,
please visit www.extell.com [6].
Forward-Looking Statements
Forward-Looking Statements in this press release, which are not
historical facts, are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. These statements
include statements about our plans, strategies, outlook, occupancy, the
amount by which the Company intends to reduce its real estate asset
base, the expected amount of gross proceeds from the sale of such
assets, and the anticipated timeframe for such asset dispositions, the
number of properties we expect to open in the future, pace, and booking
trends, the expected timing and payment of dividends, RevPAR trends, our
expected Adjusted G&A Expenses, our expected capital expenditures, our
expected net rooms growth, our expected system-wide RevPAR, our expected
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that may cause actual results to differ materially from the current
expectations include, but are not limited to, general economic
uncertainty in key global markets and a worsening of global economic
conditions or low levels of economic growth; the rate and pace of
economic recovery following economic downturns; global supply chain
constraints and interruptions, rising costs of construction-related
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factors that may not be fully offset by increases in revenues in our
business; risks affecting the luxury, resort, and all-inclusive lodging
segments; levels of spending in business, leisure, and group segments,
as well as consumer confidence, declines in occupancy and average daily
rate; limited visibility with respect to future bookings; loss of key
personnel; domestic and international political and geopolitical
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to successfully achieve certain levels of operating profits at hotels
that have performance tests or guarantees in favor of our third-party
owners; the impact of hotel renovations and redevelopments; risks
associated with our capital allocation plans, share repurchase program,
and dividend payments, including a reduction in, or elimination or
suspension of, repurchase activity or dividend payments; the seasonal
and cyclical nature of the real estate and hospitality businesses;
changes in distribution arrangements, such as through internet travel
intermediaries; changes in the tastes and preferences of our customers;
relationships with colleagues and labor unions and changes in labor
laws; the financial condition of, and our relationships with,
third-party owners, franchisees, and hospitality venture partners; the
possible inability of third-party owners, franchisees, or development
partners to access the capital necessary to fund current operations or
implement our plans for growth; risks associated with potential
acquisitions and dispositions and our ability to successfully integrate
completed acquisitions with existing operations; failure to successfully
complete proposed transactions (including the failure to satisfy closing
conditions or obtain required approvals); our ability to successfully
execute our strategy to expand our management and hotel services and
franchising business while at the same time reducing our real estate
asset base within targeted timeframes and at expected values; our
ability to maintain effective internal control over financial reporting
and disclosure controls and procedures; declines in the value of our
real estate assets; unforeseen terminations of our management and hotels
services or franchise agreements; changes in federal, state, local, or
foreign tax law; increases in interest rates, wages, and other operating
costs; foreign exchange rate fluctuations or currency restructurings;
risks associated with the introduction of new brand concepts, including
lack of acceptance of new brands or innovation; general volatility of
the capital markets and our ability to access such markets; changes in
the competitive environment in our industry, industry consolidation, and
the markets where we operate; our ability to successfully grow the World
of Hyatt loyalty program and Unlimited Vacation Club paid membership
program; cyber incidents and information technology failures; outcomes
of legal or administrative proceedings; and violations of regulations or
laws related to our franchising business and licensing businesses, and
our international operations, and other risks discussed in the Company’s
filings with the SEC, including our annual reports on Form 10-K and
quarterly reports on Form 10-Q, which filings are available from the
SEC. All forward-looking statements attributable to us or persons acting
on our behalf are expressly qualified in their entirety by the
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