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Blue Flag Capital to Open Four Hotels in 2026 Across the Hamptons and Jackson Hole

The plan repurposes well-known properties with design collaborators to grow the Faraway brand.

Overview

  • Blue Flag Capital announced four openings for summer 2026: Faraway Jackson Hole, Faraway Sag Harbor, Hotel Corduroy in Montauk, and Oyster Estate in Greenport.
  • Hotel Corduroy is slated for early May 2026, Faraway Sag Harbor and Faraway Jackson Hole target early June 2026, and Oyster Estate is set for September 2026.
  • In Wyoming, Faraway Jackson Hole will convert the former Snake River Lodge & Spa into 90 rooms and 48 residences with direct ski access and a planned second phase in 2028.
  • The neighboring Alpenhof Lodge will close in April 2026 for repositioning and is planned to reopen in 2028.
  • In the Hamptons, the former Baron’s Cove becomes Faraway Sag Harbor with 67 rooms and a waterfront restaurant called Zagara, as Blue Flag taps Collared Martin Hospitality and design firms Ward + Gray, Jenny Bukovec Studio, ISLYN Studio, and Workshop/APD.