:
US: Alternative asset manager CaliberCos Inc. has broken ground on its Hyatt Studios extended stay hotel in Steamboat Springs, Colorado.
The four-storey, 114-room property is expected to open in the second half of 2027. It is located at 1801 Lincoln Avenue.
All guest rooms will feature a kitchen, with additional amenities including interior ski and bike storage, a self-service marketplace with complimentary grab-and-go breakfast, 24-hour fitness and laundry facilities, and outdoor patio space featuring two in-ground hot tubs, fire pits, grills, and seating. Guests will also have access to ski slopes along the community bus route.
The design will incorporate energy- and water-efficient features, including LED lighting and low-flow fixtures, smart thermostats, and EV charging.
Steamboat Springs is one of 15 Hyatt Studios properties Caliber plans to develop, with sites to followed in Riverwalk/Scottsdale, Arizona, and Georgetown, Texas.
Stabilised Hyatt Studios assets are expected to transition into Caliber Hospitality Trust (CHT) through a forward purchase structure.
Highlights:
- CaliberCos Inc. has broken ground on Hyatt Studios Steamboat Springs, a 114-room extended stay hotel in Colorado scheduled to open in the second half of 2027.
- The four-storey hotel, located at 1801 Lincoln Avenue, will offer guest rooms with kitchens, ski and bike storage, grab-and-go breakfast, fitness and laundry facilities, plus outdoor hot tubs and fire pits.
- Hyatt Studios Steamboat Springs will incorporate energy- and water-efficient features, including LED lighting, low-flow fixtures, smart thermostats and electric vehicle charging infrastructure.
- The Steamboat Springs development is one of 15 Hyatt Studios projects planned by CaliberCos, with future extended-stay hotels also scheduled for Scottsdale, Arizona, and Georgetown, Texas.
