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 |
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