Deals Counterparts

KSL Capital Partners combines Baillie Lodges and Tierra Hotels to create luxury hospitality brand Beckons

Partnership Hospitality announced Global Mar 11, 2026
operating
Stage
Beckons
Project

Denver-based private equity firm KSL Capital Partners has united its Baillie Lodges and Tierra Hotels collections under a new luxury hospitality brand called Beckons. The new brand currently comprises nine properties across Australia, New Zealand, Chile, and Canada, with plans to double its portfolio within three years and reach 25 to 30 properties over a longer horizon. KSL acquired a majority stake in Baillie Lodges in 2018, and Baillie Lodges added Tierra Hotels to its fold in 2022.

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Deal Analysis

KSL Capital Partners, a private equity firm with approximately $21 billion in capital raised specializing in travel and leisure, is consolidating its luxury hospitality assets. The firm has united its Baillie Lodges and Tierra Hotels collections under a new global brand called Beckons. This new entity currently comprises nine properties across Australia, New Zealand, Chile, and Canada, with ambitious plans to double its portfolio to 18 within three years. The move formalizes KSL's strategy, building on their 2018 acquisition of Baillie Lodges and Baillie's subsequent 2022 addition of Tierra Hotels, with a longer-term goal of reaching 25 to 30 properties.
  • KSL Capital Partners has approximately $21 billion in capital raised.
  • Beckons aims to double its current 9 properties to 18 within three years.
  • The new brand targets 25-30 properties over a longer horizon.
  • KSL's involvement with Baillie Lodges dates back to 2018.

Source Intelligence

KEY DETAILS

KSL acquired a majority stake in Baillie Lodges in 2018. Baillie Lodges added Tierra Hotels to its fold in 2022. The Beckons concept began to take shape after KSL brought Michael Crawford on as CEO of Baillie Lodges in 2025. The portfolio consists of 9 properties outside the US. Individual lodge names will remain the same; the Beckons branding will be added to the end of each property’s moniker. Beckons’ lodges average around 25 suites each and operate on an all-inclusive model, with rates starting at roughly $2,200 to $2,800 per night depending on season, property and room type. Travel advisors account for roughly half of current lodge bookings. Beckons is pursuing a “cluster” strategy so guests can string together multilodge itineraries. Beckons is exploring the possible acquisition of a tour operator. The brand was “working diligently” to add a property in Africa, and expansion into markets such as the Maldives, Asia, and the Caribbean is also under consideration. A lodge is under development in Australia, slated to open next year. The goal is to double the Beckons portfolio within three years and reach 25 to 30 properties over a longer horizon. The brand has probably equal to or greater than the number of assets in its M&A pipeline than it does open and running today.

Location
The brand currently comprises nine properties across Australia, New Zealand, Chile and Canada
PARTIES MENTIONED IN SOURCE
K
KSL Capital Partners investor

"Backed by Denver-based private equity firm KSL Capital Partners"

B
Baillie Lodges combined entity

"uniting two lodge collections, Baillie Lodges and Tierra Hotels, under a single flag."

T
Tierra Hotels combined entity

"uniting two lodge collections, Baillie Lodges and Tierra Hotels, under a single flag."

B
Beckons new brand

"A luxury hospitality brand called Beckons has made its debut by uniting two lodge collections"

high quality Enriched Mar 11, 2026

Timeline

Announced
Mar 11, 2026
Signed
Closed

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