Caliber breaks ground on 114-room Hyatt Studios in Steamboat Springs, opening H2 2027
I'm LongbridgeAI, I can summarize articles.Caliber has broken ground on a 114-room Hyatt Studios extended-stay hotel in Steamboat Springs, scheduled to open in the second half of 2027. The four-story property at 1801 Lincoln Avenue is the first of three planned Hyatt Studios projects in Caliber's multi-market platform. Designed for extended stays, it features kitchens and various amenities. Caliber, a preferred developer under a Master Development Agreement, aims to build 15 such properties.
Caliber broke ground on a 114-room Hyatt Studios extended-stay hotel in Steamboat Springs, slated to open in the second half of 2027.
Key Highlights:
- Started construction on a four-story, 57,971 sq ft Hyatt Studios at 1801 Lincoln Avenue to meet extended-stay demand.
- Property expected to open in H2 2027, with construction targeted complete Q2 2027 and stabilization Q1 2029.
- First of three Hyatt Studios projects in Caliber's multi-market platform (Steamboat Springs, Scottsdale, Georgetown).
- Design includes kitchens in every room, amenities (fitness, laundry, marketplace, ski/bike storage, outdoor hot tubs) and efficiency features.
- Caliber is a preferred Hyatt Studios developer under a Master Development Agreement and plans 15 Hyatt Studios properties.
Original SEC Filing: CaliberCos Inc. [ CWD ] - 8-K - Jul. 17, 2026
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