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Park City Hyatt Escala Lodge acquired by Sunrise Holdings

Berkshire Hathaway Home Services Utah Properties selected as exclusive sales and marketing agent for the residential condominiums at the property.

PARK CITY, UTAH – Sunrise Holdings, LLC in partnership with Lantern Asset Management and Resort Finance America, announced it has acquired Hyatt Escala Lodge located in Park City, Utah. Hyatt Escala Lodge is an AAA Four Diamond, ski-in/out, luxury mountain resort located within the mountainside village of Canyons Resort. The property is an 85 unit / 177 key condo hotel adjacent to Sunrise’s existing investment, Sunrise Lodge by Hilton Grand Vacations. Berkshire Hathaway HomeServices Utah Properties has been engaged as the exclusive real estate broker for the residential condominiums at Hyatt Escala Lodge. Tyler Richardson and Peggy Marty will lead the Utah Properties team of agents and act as the primary sales agent.

Resort Finance America President, William T. Phillips said, “We are delighted to announce the acquisition of Hyatt Escala Lodge as the latest addition to our mixed-use resort portfolio and second acquisition in the Park City market. Hyatt Escala Lodge is a high-quality, well-managed property in a fantastic location. Park City has been a very good market for us, and the recent announcements regarding Vail Resorts’ management of Canyons Resort, their purchase of Park City Mountain Resort, and their decision to link the two resorts for the winter 2015-2016 ski season make us even more excited about continued growth for the Park City market. We are equally excited to add two new world class operating partners to our business-Hyatt Hotels Corporation who will continue to manage and operate the hotel and Berkshire Hathaway Home Services Utah Properties as the exclusive sales and marketing agent for the residential condominiums at the property.”

Developed in 2009, the luxury, ski-in/ski-out Hyatt Escala Lodge provides owners and guests with a modern ski lodge feel and a variety of amenities, including the Escala Provisions Company gourmet restaurant, ski valet, 7,000 square feet of indoor and 4,000 of outdoor conference / meeting space, heated outdoor pool/spa, fitness center and business center. The proximity to ski lifts and other amenities within the Canyons Resort, coupled with the magnificent views of the Park City landscape and close proximity to the Salt Lake City International Airport makes it an ideal, year-round vacation destination. An attractive mix of one, two, three and four bedroom condominiums with gracious living spaces are available through Berkshire Hathaway Home Services Utah Properties.

In a statement, Steve Roney, Owner and CEO of Berkshire Hathaway Home Services Utah Properties shared, “We are thrilled to represent the prestigious Hyatt Escala Lodge, which is known for its world class amenities and luxury setting. The Hyatt brand carries weight around the world and in our market place, and we look forward to working with such a respected company. As Park City’s largest development brokerage, we feel certain this will be a highly successful partnership.”

Vicky Karantzavelou
Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

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