Omni Hotels and Resorts continues to grow its resort portfolio with Tuesday’s purchase of the Montelucia Resort & Spa in Scottsdale, Arizona, from private equity firm KSL Capital Partners LLC. The hotel will be rebranded as the Omni Scottsdale Resort & Spa at Montelucia.
The financial details of the transaction were not immediately available for the resort on 34 acres (13.8 hectares) in the heart of Paradise Valley with 253 guestrooms, 38 suites and two presidential suites.
The resort is the sixth property Omni has acquired from KSL Capital Partners. Last July, Omni bought three resorts in Texas, North Carolina and Virginia, as well as two in southern California.
With Tuesday’s purchase Omni has 14 resorts — with seven of them acquired or reopened within the past nine months.