KDG Capital buys Wyoming's Snow King Resort Hotel

The Snow King Resort Hotel is part of the Benchmark Resorts & Hotels brand. Photo credit: Snow King Resort Hotel

KDG Capital, a Tampa, Fla.-based real estate private equity firm, purchased the Snow King Resort Hotel in Jackson, Wyo. Benchmark, a global hospitality company, will continue to operate and market the 230-room property, located at the foot of Snow King Mountain in the Grand Teton mountains, minutes from the center of Jackson Hole, Wyo. KDG plans to invest $5 million in capital improvements to the property.. 

“We are excited to be a part of this iconic resort’s future and to contribute positively to the Jackson community,” Greg Ogle, partner at KDG Capital, said in a statement.

KDG Capital is a private equity firm focused on acquiring and operating full-service hospitality properties throughout the United States. The company's recent purchases include the Cheyenne Mountain Resort in Colorado Springs, Colo., and the Seaview Hotel and Golf Club in Galloway, N.J.

Virtual Event

Hotel Optimization Part 3 | January 27, 2021

With 2020 behind us and widespread vaccine distribution on the horizon, the second half of the new year is looking up, but for Q1 (and most likely well into Q2) we’re very much still in the thick of what has undeniably been the lowest point of the pandemic. What can you be doing now to power through and set yourself up for a prosperous 2021 and beyond? Join us at Part 3 of Hotel Optimization – A Virtual Event on January 27 from 10am – 1:05pm ET for expert panels focused on getting you back to profitability.

“We are very pleased and proud to continue our management of Snow King Resort Hotel, and excited to be working with KDG Capital on this venture,” Alex Cabañas, CEO of Benchmark, said in a statement. “The resort holds a special place in the community and is an excellent example of our commitment to experiential travel.” 

The Snow King Resort Hotel is part of the Benchmark Resorts & Hotels brand and offers 230 guestrooms, suites and vacation condos for vacation rentals, along with 10,000 square feet of meeting and event space. The resort’s Hayden’s Post Restaurant offers fine dining, while the Hayden’s Post Bar and Kitchen is open for breakfast, lunch and dinner. Other resort facilities include Olga’s Spa, a heated outdoor swimming pool, a fitness center and shuttle service to Jackson Hole Airport and other ski areas.