Faraway Hotels—the boutique hospitality brand developed by Blue Flag Capital, Collared Martin Hospitality and Bain Capital Real Estate—expands its portfolio with two new properties slated to open in summer 2026.
Building on its presence in Nantucket and Martha’s Vineyard, Mass., the design-forward brand will debut in Sag Harbor, N.Y., and Jackson Hole, Wyo. Both properties will be managed by Collared Martin Hospitality.
“In looking to grow the Faraway hotel brand, the move to Sag Harbor and Jackson Hole felt like the perfect fit,” Jason Brown, CEO and co-founder of Blue Flag Capital, said in a statement. “Sag Harbor carries forward our coastal story, while Jackson Hole opens a new chapter—one shaped by adventure and a deep connection to nature.”
“Together with Blue Flag and Bain Capital, we are creating destinations that inspire discovery and leave a lasting impression,” said Steven Rubin, CEO, Collared Martin Hospitality.
In Sag Harbor, Faraway will transform the Baron’s Cove into Faraway Sag Harbor, a 67-room harborside hotel. The property will feature intimate gardens, sunlit patios, a poolside escape and the brand’s new flagship restaurant, Zagara, inspired by the flavors and spirit of the Amalfi Coast, according to the company.
Faraway Jackson Hole will reinterpret the Snake River Lodge & Spa at the base of Teton Village. Blending alpine heritage with Faraway’s design ethos, the lodge will introduce redesigned guest rooms, a new restaurant, a lobby lounge and a cocktail club called Surehand. The company further added that programming and spaces will emphasize adventure and connection to nature, set against the backdrop of the Grand Tetons.