'When I first heard mention of this project: a world-class hotel chain, a world-famous ski resort and a military-affiliated hotel, the idea of those words being mentioned in the same sentence on purpose and not as a punchline sounded impossible,' Hill Air Force Base Commander Dan Cornelius said at the grand opening.
'But, here we are.'
The Hyatt replaced the Hillhaus Lodge, which was removed in 1999 to make room for Olympic downhill courses at Snowbasin.
MIDA - which was created in 2007 to help develop land that directly impacts the military - had been looking for a replacement since the deconstruction of Hillhaus.
'When Hill Air Force Base gave up their military recreational facility at Snowbasin, the commitment was made that it would be replaced,' Stuart Adams, who sits on the MIDA board of directors, told The Tribune.
'And boy how did we ever replace it.'
In 2017, the organization, which is overseen by the Utah State Legislature, partnered with Extell Development Company of New York to build the Hyatt, according to The Tribune.
Although the hotel is designed to provide luxury leisure time to service members, the public can also stay there - with room rates running between $750 and $2,750 a night during peak ski season.
Military personnel will receive rooms at a steeply discounted price, as will former soldiers, National Guard and Department of Defense workers. Hundred rooms are reserved for them out of the 387 available.
Ski passes will also be discounted for military member staying at the hotel, dropping a $329 peak-day ticket to just $85.
Deer Valley also offers 25 percent off ski lift tickets to military members who are not staying at the hotel.
The hotel, which opened in November, is the first military resort adjacent to a ski resort. MIDA is also contributing toward construction of a lodge near Sundance Mountain Resort set to open later this year, according to The Tribune.