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Barings, Waterton JV to invest in three outbound U.S. hotels
Transactions - NOVEMBER 21, 2025

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Barings, Waterton JV to invest in three outbound U.S. hotels

by Released

Barings and Waterton announced a joint venture to recapitalize two existing Outbound Hotels, The Virginian Lodge in Jackson, Wy., and Outbound Stowe in Stowe, Vt.

This announcement follows the partnership’s earlier acquisition of the Poco Diablo Resort in Sedona, Ariz., which will be reimagined as Outbound Sedona, slated to open in second quarter 2026. The three properties are part of Waterton’s hospitality brand Outbound Hotels, a collection of lifestyle hotels and experiences located in iconic outdoor destinations across the U.S.

“The Virginian Lodge and Outbound Stowe are two exceptional lifestyle hotels where we see an opportunity to add value and expand their audience, all while preserving what makes them special,” said Stuart Turner, managing director, hotel group, U.S. real estate at Barings. “As travelers continue to seek out unique destination hotels located close to their favorite outdoor activities, we believe our investments with Outbound in Jacks

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