New York-based Extell Development Company, a full-service national real estate developer of residential, commercial, and hospitality properties, and Hilton (NYSE: HLT), a leading global hospitality company, today announced the signing of Waldorf Astoria Deer Valley Resort and Residences. New Resort & Residences: Hilton and Extell Development Company will open Waldorf Astoria Deer Valley Resort and Residences in 2028. Location: Situated in the Deer Valley East Village, part of a major expansion project — the first new public alpine ski resort in North America in over 40 years. Scale: - 132 hotel keys - 105 branded residences (1–6 bedrooms, ranging from 1,099 to 5,155 sq ft) - Residences split between two towers, with ski-in/ski-out access and panoramic mountain views. Design: Architecture by Kohn Pedersen Fox (KPF) and interiors by AvroKO, both globally recognized design firms. Amenities - Luxury Wellness: 15,000 sq ft spa with treatment rooms, thermal features, and a snow room. - Recreation: Fitness centers, golf simulator, ski valet, concierge services, kids’ room, indoor lap pool, outdoor cantilevered pool & hot tub. - Dining & Events: Signature Peacock Alley, multiple restaurants and lounges, 11,300 sq ft of meeting space including a 5,200 sq ft ballroom. - Exclusive Benefits: Resident owners receive Hilton Honors Diamond status and bespoke privileges. Strategic Context - Deer Valley East Village expansion doubles skiable terrain to 5,726 acres, with 37 chairlifts and 238 runs, making it one of the largest ski resorts in North America. - Hilton is strengthening its luxury portfolio in the Americas, complementing the upcoming Canopy by Hilton Deer Valley. - This project positions Hilton alongside other luxury brands like Four Seasons, which are also investing in Park City. Leadership Statements - Gary Barnett, Extell Development: called East Village the “crown jewel of North American ski resorts.” - Kara Randall, Hilton VP Luxury Development: emphasized Hilton’s growing luxury footprint in Utah. - Dino Michael, Hilton SVP Luxury Brands: highlighted the emotional power of mountain destinations and Waldorf Astoria’s immersive luxury approach. This move signals Hilton’s intent to compete head-to-head with Marriott, Hyatt, and Four Seasons in the luxury mountain resort segment.
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