CoralTree Takes Over DoubleTree in Park City, Expands Mountain Portfolio

CoralTree Hospitality formally assumed management of the DoubleTree by Hilton Park City, The Yarrow on December 22, 2025, marking an ownership level shift in local lodging operations. The 182 room property includes a heated outdoor pool, whirlpool, fitness center, firepits, multiple food venues and more than 5,000 square feet of meeting space, amenities the company is highlighting as part of its offer to guests and group planners.

The hotel is being positioned as a year round gateway to nearby ski resorts and other recreational attractions, a framing that aims to broaden demand beyond the winter season. CoralTree described the agreement as an expansion of its mountain resort portfolio and emphasized plans to deepen local partnerships while applying operational expertise in ski markets. Those objectives suggest a focus on improving guest experience and leveraging the property for both leisure and group business.

For Summit County the deal has several immediate local implications. The added management emphasis on meetings and events could increase midweek and off season occupancy through conferences and group stays using the hotel s over 5,000 square feet of meeting facilities. That would support jobs in hospitality and related services, and could boost sales and transient lodging tax revenues tied to higher room nights and food and beverage sales. Operational changes under new management may also affect employment practices, vendor relationships and collaborations with local businesses that supply activities, transportation and guest services.

Longer term, the transfer reflects broader trends in mountain resort markets where specialized operators consolidate management of regional properties to capture seasonal synergies and diversify revenue sources. For local policymakers and business leaders, the shift underscores persistent policy priorities such as workforce housing, transportation access to resorts, and sustaining year round tourism. Monitoring bookings, event schedules and any announced local partnerships in the coming months will provide clearer signals about the economic impact on Park City and Summit County.