PARK CITY, Utah — New York-based Extell Development Company, a full service national real estate developer of residential, commercial and hospitality properties, and leading global hospitality company, Hilton (NYSE: HLT), today announced the signing of an agreement for a new-build Canopy by Hilton hotel at Deer Valley East Village - North America’s first luxury alpine village to be developed since 1981. With an opening slated for summer of 2026, the new 180-key hotel will mark the Canopy by Hilton brand’s first hotel in Utah.

Photo courtesy of Extell Development

Overlooking the Jordanelle Reservoir and Deer Valley Resort, and situated steps from the Jordanelle Express Gondola, Canopy by Hilton at Deer Valley promises effortless ski access during the season as well as a cozy atmosphere, a lively apres-ski experience, and access to a host of restaurants.

“Deer Valley East Village has been a long-anticipated project that is sure to attract brands, retailers, visitors and residents from around the world, and the addition of Canopy to the Village further enhances our vision of bringing world-renowned brands and experiences to the resort,” said Gary Barnett, Founder and Chairman of Extell Development Company. “With a variety of residential ownership opportunities, exceptional hospitality, world-class amenities, and an array of retail, dining, and entertainment experiences, Deer Valley East Village—with the addition of this new hotel—will further cement its status as the crown jewel of Utah.”

The hotel design features architecture by The Richardson Design Partnership and interior design by DLR/Brayton Hughes. In keeping with the brand’s emphasis on providing authentically local experiences, Canopy at Deer Valley will embrace a unique aesthetic that intertwines the rich tradition of Park City’s silver mining past with its history as a burgeoning ski destination in the early 1960’s. Embracing the dynamic beauty of its natural surroundings, the hotel design draws inspiration from the evolving landscape, and reflects the transition from a historic mining town to a premier international ski destination.

“With over 40 properties welcoming guests around the globe and another 40 in various stages of development, Canopy boasts impressive growth, and the signing of Canopy at Deer Valley builds upon that momentum,” said Matt Wehling, senior vice president of development, Hilton. “As part of Hilton’s rapidly expanding Lifestyle portfolio that’s set to double in just a few years, Canopy continues to celebrate development milestones. Last year, the brand opened its first resort property with Canopy Seychelles, debuted in Japan with Canopy Osaka Umeda, and now, plans to welcome its first ski destination hotel.”

To complement the unparalleled access to year-round recreational activities, the hotel will offer a curated suite of on-site amenities including a pool and hot tub, steam room and sauna, fitness center and golf simulator. There will also be a dedicated ski reception lobby and ski locker room, meeting and conference facilities, as well as two levels of underground parking accommodating 176 stalls.

Canopy at Deer Valley will offer a robust food and beverage selection spanning over 9,600 square feet, including a signature destination restaurant, an apres-ski lounge, a grab & go coffee shop, and a rooftop lounge with gorgeous mountain views. With its extensive food and beverage offering, Canopy at Deer Valley will also serve as a centerpiece of the surrounding neighborhood, including Extell’s recently completed 402-unit Pioche Village Condominiums directly next door.

Situated 40 minutes from Salt Lake City International Airport, Deer Valley East Village provides a new portal into Deer Valley featuring hotels, private residences ranging from estate lots to luxury condominiums, up to 250,000 square feet of retail and commercial space, a world-class recreation complex, a ski beach, and various winter and summer amenities. Deer Valley’s long-awaited expansion will culminate in the 2025/2026 ski season when the resort will double the size of its current skiable terrain, adding 10 new chairlifts and 100 new ski runs. Upon completion, Deer Valley will boast over 5,726 acres of skiable terrain served by 37 chairlifts across 238 runs, securing its position as one of the largest ski resorts in North America. The new Deer Valley East Village portal will seamlessly connect visitors to this expanded terrain, offering an unparalleled mountain experience.

Canopy by Hilton at Deer Valley will be part of Hilton Honors, the award-winning guest loyalty program for Hilton’s 24 world-class brands. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount and free standard Wi-Fi. Members also enjoy popular digital tools available exclusively through the industry-leading Hilton Honors mobile app, where Hilton Honors members can check-in and choose their room.

To learn more about Canopy by Hilton, please visit https://stories.hilton.com/brands/canopy-by-hilton. For more information about Deer Valley East Village, please visit https://deervalleyeastvillage.com.

Extell Development

Founded and headed by Gary Barnett, Extell Development is a nationally acclaimed real estate developer of residential, commercial, retail, hospitality, and mixed-use properties, operating primarily in New York City, Utah, and other premier locations across the nation. In collaboration

with world-class architects and design professionals, Extell creates properties distinguished by sophisticated design, gracious floor plans and first-class amenities. Extell pioneered Manhattan’s Billionaires’ Row, having developed some of city’s ultra-luxury properties along 57th Street, including Central Park Tower, the tallest residential building in the world located above Nordstrom’s flagship Manhattan store and One57, the record-breaking glass tower which includes condominiums above Park Hyatt’s five-star flagship hotel. Additional completed projects include One Manhattan Square, the largest condominium building on Manhattan’s Lower East Side waterfront; Brooklyn Point in Downtown Brooklyn, and The Lofts Pier Village, a luxury oceanfront condominium at the Jersey Shore with resort-style amenities, W Hotel in Times Square, the Boston Intercontinental Hotel, Four Seasons Resort and Residences Vail, and Grand Hyatt Deer Valley. Extell Development also recently announced plans for luxury Four Seasons Resort and Private Residences Deer Valley to come to Park City, UT.

Canopy by Hilton

Canopy by Hilton delivers elevated, boutique hotel experiences that immerse guests in the best of the locale. Inviting, sophisticated design, bespoke food & beverage and crafted touchpoints

deliver a locally inspired, high-end and welcoming stay. The Canopy portfolio includes more than 40 open properties around the globe with more than 40 under development across 13 countries and territories. Experience Canopy by Hilton by booking at canopybyhilton.com or through the industry-leading Hilton Honors app. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits. Learn more about Canopy by Hilton at stories.hilton.com/canopybyhilton, and follow the brand on Facebook, Instagram, X and Pinterest.