Business

Park City's Yarrow Hotel to Close for Year-Long Renovation

The Yarrow hotel is closing Wednesday to become Outbound Park City, removing 182 rooms from the market through at least the early weeks of next ski season.

Sarah Chen2 min read
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Park City's Yarrow Hotel to Close for Year-Long Renovation
Source: www.parkrecord.com

The DoubleTree by Hilton Hotel Park City – The Yarrow will shut its doors Wednesday for a renovation expected to last up to a year, pulling 182 rooms from Park City's lodging supply through the summer and fall tourism seasons and, depending on how construction proceeds, potentially deep into the 2026-27 ski season.

When the property reopens, it will carry an entirely new identity. Outbound Hotels will rebrand the longtime lodging landmark as Outbound Park City, targeting a debut window between January 1 and March 31 of next year. That three-month range means the hotel may miss the bulk of the upcoming ski season entirely, an uncertainty that will push visitors to competing properties at a time of year when beds are already scarce.

The transition to Outbound Hotels follows years of ownership upheaval at the Park Avenue and Kearns Boulevard property. Chicago-based Singerman Real Estate, which held the hotel for more than a decade, transferred ownership in mid-December to a business entity called Park City Yarrow Owner LLC. Singerman's tenure ended after an ambitious push to redevelop the site into a condominium-hotel project collapsed when the Park City Planning Commission rejected the proposal in late March 2025, objecting principally to the height the concept required.

With redevelopment off the table, the new owners are betting on comprehensive renovation rather than replacement. The work will touch guest rooms, public spaces and back-of-house systems, a full-building modernization that ownership said required a complete closure rather than the slower, more disruptive approach of phased work around paying guests.

AI-generated illustration
AI-generated illustration

The closure carries real near-term costs for Park City's labor market and its downtown economy. Yarrow employees face a period of temporary displacement, and the hotel's ownership and local hospitality groups said they would work to help staff find alternative seasonal placements during the shutdown. Merchants and businesses that depend on hotel foot traffic along that stretch of Park Avenue will feel the absence through the peak summer and fall seasons.

The broader calculus favors patience, at least in theory. Upgraded mountain lodging properties routinely command higher average daily rates after renovation and tend to draw more consistent off-season business than aging competitors. Park City's lodging market has seen multiple properties undertake major repositioning projects in recent years as operators respond to higher operating costs and travelers who increasingly expect design-forward rooms and modern amenities. Outbound Hotels is wagering that a fully refreshed property at one of Park City's most visible commercial corners will be worth the year it goes dark.

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