One&Only is opening its first US resort this November — and it has an alpine lake beach and direct ski access
Storied hotel group One&Only is now taking reservations for its first-ever property in the United States, which was featured on TPG's list of the most exciting hotel openings for 2025.
The much anticipated One&Only Moonlight Basin, which plans to open Nov. 18, will also mark the ultraluxury brand's first alpine resort in addition to its first in the U.S., the company told The Points Guy. Once open, the property will sit on 240 acres in Big Sky, Montana, offering access to everything from skiing and ice fishing in winter to horseback riding and golf in warmer months.
According to the property, nightly rates start at $1,950 before taxes.
"Our first alpine resort seamlessly blends refined hospitality with the untamed beauty of nature, offering an unparalleled escape for adventurers and luxury seekers alike," Mark Kirby, the president of One&Only, said in a statement shared with TPG. "We look forward to welcoming our first guests this November to this truly extraordinary destination."
The hotel will feature 73 guest rooms and suites in the main lodge, along with 19 guest cabins. Rooms are large, ranging from more than 700 square feet to more than 3,400 square feet, and feature balconies with vast mountain views, cozy fireplaces, oak-lined walls and deep soaking tubs in front of large windows.
The property evokes a deep sense of place thanks to amenities like the hotel's private alpine lake beach and kids club featuring both indoor and outdoor activities inspired by the destination. Foodies will enjoy the six bars and restaurants, including modern Japanese cuisine from chef and former professional snowboarder Akira Back, who will open his namesake restaurant next winter.
Travelers who don't want to wait to experience the One&Only in the U.S. can currently visit the Sky Lodge, a ski lodge the company opened in December. There, visitors will find a restaurant and bar, The Landing, which is accessible from either the One&Only heated gondola or by car, along with a shop and alpine equipment center.
The Landing will be open through April 27, and will reopen June 5 for the summer.
Beyond Big Sky, One&Only operates luxury hotels across the world from Dubai and Cape Town to Mexico, Rwanda and beyond.
Related reading:
- From an overwater villa in the Maldives to a private island: 7 luxury hotels you can book with points
- The best ski resorts in the US for your next trip to the slopes
- Ikon Pass adds new resorts, new perks and ski-for-the-rest-of-the-season access
- JetBlue brings Mint to Montana in rare move for this business-class product
- 8 best road trips for visiting national parks
TPG featured card
at Capital One's secure site
Terms & restrictions apply. See rates & fees.
| 2X miles | Earn 2X miles per $1 on every purchase, everywhere |
| 5X miles | Earn 5X miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Business Travel |
Pros
- Simple earning structure
- Bonus categories
- Annual credits
- No foreign transaction fees
- Flexible redemption options, including transfer partners
Cons
- Has an annual fee
- Fewer bonus categories than some competitors
- Lacks premium perks
- Limited-time offer: Earn up to 150,000 bonus miles—75,000 miles once you spend $7,500 in the first 3 months, and an additional 75,000 miles once you spend $30,000 in the first 6 months
- Earn unlimited 2X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account
- Receive up to $220 in credits: Receive an annual $50 travel credit for bookings through Capital One Business Travel, up to an annual $50 statement credit for purchases at qualifying advertising or software merchants, plus up to a $120 credit for Global Entry or TSA PreCheck® every four years. Terms and conditions apply
- Unlimited 5X miles on hotels, vacation rentals and rental cars booked through Capital One Business Travel
- Transfer your miles to 15+ travel loyalty programs
- Redeem your miles instantly for any travel-related purchases, from flights and hotels to ride-sharing services
- $95 annual fee
- Free employee cards which also earn unlimited 2X miles from their purchases
- Top rated mobile app