FireSky Resort & Spa

Investment Summary

KHP I originally acquired the independently operated Caleo Resort & Spa in December 2005 and installed Kimpton Hotels & Restaurants to manage the property.  Following a comprehensive renovation and the introduction of newly re-concepted restaurant, KHP I introduced the newly re-branded FireSky Resort & Spa to the market.  During KHP I’s hold period the property’s RevPAR penetration index was improved over 20 percentage points.

Location: Scottsdale, AZ
Keys: 204
Strategy: Renovation / Repositioning
Acquisition Date: December 2005
Disposition Date: February 2016

Additional Projects

A Hospitality Investment Firm