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 American Express's secure site
Terms & restrictions apply. See rates & fees.
| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 5X | New! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App. |
| 3X | Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines. |
| 2X | Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Pros
- Valuable dining and food-related credits
- Flexible rewards with airline and hotel transfer partners
- Multiple travel and purchase protections
- No foreign transaction fees
- Access to Amex Offers for additional savings (enrollment required)
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- New! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App.
- Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines.
- Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- Pay It® lets you tap in the American Express® App to quickly pay for small purchase amounts throughout the month and still earn rewards the way you usually do. Plan It® gives you the option to split up big purchases into equal monthly payments with a fixed fee. You’ll know upfront exactly how much you’ll pay.
- Updated! $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub (including Seamless), Buffalo Wild Wings, Five Guys, The Cheesecake Factory, and Wonder. This can be an annual savings of up to $120. Enrollment required.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year at over 10,000 qualifying U.S. Resy restaurants after you pay for eligible purchases with the American Express® Gold Card. That’s up to $50 in statement credits semi-annually. Enrollment required.
- $84 Dunkin' Credit: Earn up to $7 in monthly statement credits after you pay with the American Express® Gold Card at U.S. Dunkin’ locations. Enrollment required.
- $120 Uber Cash on Gold: Enjoy up to $120 in Uber Cash annually with your Gold Card. Just add your Card to your Uber account and you'll get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an Amex Card for your transaction.
- New! As an American Express® Gold Card Member, you can enjoy complimentary Hertz Five Star® Status. Enjoy benefits like skipping the counter at select locations, adding an additional driver at no additional cost*, and vehicle upgrades**. Benefit enrollment and Hertz Gold+ registration are required. *Additional drivers must meet standard rental qualifications and must be a spouse or domestic partner to qualify as complimentary. Other additional drivers subject to fees. **Benefits are subject to availability and vary by location. Additional Hertz program Terms and Conditions including age restrictions apply.
- Take advantage of a $100 credit towards eligible charges* at over 1,300 upscale hotels worldwide when you book The Hotel Collection through AmexTravel.com or the Amex Travel App **. *Eligible charges vary by property. **The Hotel Collection requires a two-night minimum stay.
- Book your travel through the Amex Travel App with added peace of mind – backed by American Express® service and support. Only for American Express® Card Members.
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.

