Blue Flag Capital, in partnership with in-house management company Collared Martin Hospitality, announces the opening of Oyster Estate, a reimagined 34-key boutique hotel in the heart of Greenport Village. Debuting as Blue Flag Capital’s third hotel on Long Island’s East End, Oyster Estate welcomes guests today with the opening of its guestrooms, public spaces, and courtyard pool. Fortune Favors, the property’s signature cocktail-forward dining destination, will follow later in September, completing the hotel’s food and beverage offering and social experience.