Zermatt Utah Resort & Spa is currently listed for sale exclusively through US Hotel Advisors.
Set on approximately 17.6 acres, the Zermatt Utah Resort & Spa represents a rare opportunity to purchase a Swiss inspired, 316-rentable unit, upscale resort and meeting & event center in Utah’s Heber Valley. Current ownership will also entertain JV proposals.
The Property blends the charm of European architecture with the expansive infrastructure of a full-service destination resort. In addition to lodging, the Resort offers a vast array of amenities, including a full-service spa, several F&B offerings, and over 31,000 SF of meeting & event space. The Resort also features on-site geothermal water rights for the addition of soaking pools that would broaden its identity as destination hot springs experience. Ownership is in the process of perfecting the water for commercial soaking rights.
Anchored by the charming Swiss-themed town of Midway and the new Deer Valley East Village, the Heber Valley skirts the slopes of the Wasatch Mountain range from Sundance Mountain Resort in the south and west to Deer Valley East Village to the north. The Deer Valley Ski Resort is located six miles north of the Property, while Park City Mountain and Ski Resort is situated eight miles northwest.
The Property currently operates under the Trademark Collection by Wyndham flag, with Tapestry by Hilton and Destination by Hyatt being offered as conversion opportunities. Offered unencumbered by management, the Property provides investors with full flexibility to implement new operational strategies, reposition branding, or pursue strategic affiliations in line with emerging market trends.
At current pricing guidance, the Resort is available well below replacement cost. Replicating a resort of this scale, with geothermal infrastructure, extensive conference amenities would require a prohibitive investment in today’s environment.