USA | Blue Flag Capital has expanded its national footprint by adding four new design-forward hotels to its portfolio in time for Summer 2026.
Blue Flag Capital, the Boston-based hospitality investment company, announces a transformative year of growth with a significant expansion of the portfolio, doubling its footprint with the addition of four new highly-anticipated properties with confirmed opening dates all set to debut in summer 2026. The new openings include Faraway Jackson Hole, Faraway Sag Harbour, Hotel Corduroy in Montauk, and Oyster Estate in Greenport. Known for its celebrated collection of hotels on Nantucket and Martha's Vineyard, the expansion reinforces Blue Flag's position as a design-forward hospitality group focused on long-term stewardship of beloved historic properties, thoughtful restoration, a strong sense of place, and culture-led, community-driven experiences in iconic leisure destinations.
The milestone year also marks Faraway's expansion to the American West and a deepened commitment to Jackson Hole. Following Blue Flag's 2023 acquisition of Snake River Lodge & Spa and the neighbouring Alpenhof Lodge, two beloved properties at the base of Teton Mountain, Blue Flag has been actively operating and repositioning the hotels as part of its long-term vision for the destination. This summer, the former Snake River Lodge & Spa will be transformed into the new Faraway Jackson Hole, while Alpenhof Lodge will temporarily close in April 2026, re-opening in 2028 to introduce a new chapter that harkens back to its early upscale roots. Together, the properties anchor Blue Flag's growing presence in Teton Village, reinforcing its commitment to stewarding historic hotels while introducing its signature design-driven hospitality to a new generation of travellers.
Alongside Jackson Hole, Faraway is deepening its presence along the East Coast with the transformation of the historic Baron's Cove into Faraway Sag Harbour. A natural next chapter in Blue Flag's coastal story, the 67-room property is being reimagined as an elegant compound designed to feel collected over time. Blue Flag's growing collection also includes the new high-design beachside retreat, Hotel Corduroy in Montauk, and Oyster Estate, a boutique hotel drawing inspiration from the nautical history of its setting in downtown Greenport, NY. The expansion underscores the firm's commitment to acquiring and developing highly differentiated lifestyle hotels with bold design identity, compelling food and beverage concepts, and the operational infrastructure to be a key player in competitive and sought-after travel markets.
Founded with a mission to rediscover the soul in hospitality, Blue Flag combines strategic real estate stewardship with immersive brand creation, supported by distinct design, sensory guest experiences, and operational expertise through its in-house management company, Collared Martin Hospitality. The brand's current established operating properties include Faraway Martha's Vineyard, Faraway Nantucket, along with Beachside Hotel, Blue Iris, Brass Lantern, and Life House Nantucket.
"Hospitality is at its best when it connects deeply with guests and the communities around it," said Blue Flag Capital Co-Founder and CEO, Jason Brown.
"For us, honouring historic properties goes far beyond preserving beautiful buildings; it's about honouring the people, traditions, and hospitality that make these places so meaningful. As our portfolio continues to grow, our mission remains the same: to steward these properties thoughtfully and help restore the soul of these remarkable destinations for both travellers and the communities that surround them."
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