Wide angle of skier jumping mid-air near snow embankment.
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Latham & Watkins Advises Sixth Street on US$176 Million Acquisition of the Park Hyatt Beaver Creek Resort & Spa

May 28, 2026
Members of the firm’s Real Estate Practice group represent the global investment firm in the transaction.

Sixth Street, a leading global investment firm, has announced it has acquired the Park Hyatt Beaver Creek Resort & Spa, the 193-key, luxury mountain resort in one of the nation’s premier ski destinations, for US$176 million from Braemar Hotels & Resorts (NYSE: BHR). Sixth Street completed this transaction in partnership with Riller Capital.

Latham & Watkins LLP advised Sixth Street in the transaction with a corporate team led by Chicago partner Gary Axelrod, with associates Dominique Gonzales and Lura Bonney. Advice was also provided on finance matters by Chicago counsel Dustin Paige.

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