Castle Peak Holdings (CPH), the investment firm behind the Trailborn hospitality brands, has held a close for its second vehicle with total committed capital of $315 million raised during a four-month period. The firm’s recent acquisition of Snow King Resort in Jackson Hole, Wyo., marks the first investment of this new vehicle and expands Castle Peak’s portfolio of hotels and resorts in iconic outdoor destinations across the United States.
“Where and how people travel is evolving, but what drives them to do so isn’t — the desire to create lifelong memories with those they love. We’re tapping into this by building brands that unlock extraordinary adventures in iconic outdoor destinations,” said Mike Weiss, co-founder and co-CEO of Castle Peak Holdings. “We’re energized by the level of excitement Trailborn has continued to receive from both investors and guests alike. This new infusion of capital will allow us to continue to scale Trailborn’s approach to exp
