Field & Stream Lodge Builds Two More, On Its Own Clock

Field & Stream Lodge, the outdoor-hospitality brand that opened its first property in 2023, is adding a second and third: conversions in Bend, Oregon, and Big Bear, California, both set to open in 2028. The lodges are backed by Starwood Capital and AJ Capital, who say the high cost of capital is what is setting the pace of the brand's growth. Three lodges in five years, in mountain and high-desert towns rather than city centers, is a brand choosing to grow on its own terms.

With reporting from Skift.