• 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