KSL Capital Partners, LLC
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January 07, 2014

Omni Hotels & Resorts Acquires Montelucia Resort & Spa

OMNI HOTELS & RESORTS ACQUIRES MONTELUCIA RESORT & SPA

 

Luxury Hotel Brand Purchases Sixth Iconic Property from KSL Capital Partners

 DALLAS (January  7, 2014) – Omni Hotels & Resorts and KSL Capital Partners, LLC, a leading private equity firm, today announced the closing of the purchase and sale of the Montelucia Resort & Spa. The resort will be reflagged under the Omni brand as the Omni Scottsdale Resort & Spa at Montelucia, extending the Omni’s Resort Collection in the Western United States. Financial details of the transaction were not disclosed.

The Montelucia Resort & Spa is a top-rated luxury Scottsdale hotel that features 253 luxuriously appointment  guestrooms,  38  suites  and  two  presidential  suites.  The  property’s  distinctive architecture is inspired by the rich history, white-washed villages and sun-drenched hills of Spain’s  Andalusia  region.  The  enchanting  destination  also  includes  the  award-winning Moroccan inspired Joya Spa, three resort pools, and five tempting dining options including the critically  acclaimed  restaurant,  Prado.  Nestled at  the  foot  of  the  picturesque  Camelback Mountain in the exclusive enclave of Paradise Valley, and adjacent to the cities of Phoenix and Scottsdale, this extraordinary resort’s premier location offers easy access to golf, recreation, nightlife and entertainment.

 “The Montelucia is an exquisite addition to our already impressive collection of high-end resort properties,” said Michael J. Deitemeyer, president of Omni Hotels & Resorts. “The property is a top  attraction  for  guests  seeking  a  blend  of  gracious  hospitality,  personalized service  and innovative cuisine.  We  are  proud  to  add  this  incredible  resort  to  our  expanding  Resort Collection.”

 The resort is the sixth property Omni has acquired from KSL Capital Partners, LLC.  Last July, Omni acquired five iconic resorts from KSL Capital Partners, LLC, including the Omni Barton Creek Resort & Spa in Austin, TX;  Omni La Costa Resort & Spa in Carlsbad, CA;  Omni Rancho Las Palmas Resort & Spa in Rancho Mirage, CA; The Omni Grove Park Inn in Asheville, NC; and The Omni Homestead Resort in Hot Springs, VA.

 For additional information please visit  omnihotels.com  or call 1-800-The-Omni. Travelers or media  can  also  follow  Omni  Hotels  &  Resorts  at   www.Facebook.com/OmniHotels  and Twitter.com/OmniHotels.

About Omni Hotels & Resorts

Omni Hotels & Resorts creates genuine, authentic guest experiences at nearly 60 distinct luxury hotels  and  resorts  in  leading  business  gateways  and  leisure  destinations  across  North America.   From exceptional golf and spa retreats to dynamic business settings, each Omni showcases the local flavor of the destination while featuring four-diamond services, signature restaurants, Wi-Fi connectivity and  unique wellness options.   Known for  its  award-winning, personalized service, Omni leaves a lasting impression with every customer interaction, with a heightened level of recognition and rewards delivered through its Select Guest loyalty program and the company’s “Power of One” associate empowerment program. The brand is frequently recognized by top consumer research organizations and travel publications. To get additional information or book accommodations, visit omnihotels.com or call 1-800-The-Omni.

About KSL Capital Partners, LLC

KSL is a private equity firm specializing in travel and leisure investments in five primary sectors: hospitality,  recreation,  clubs,  real  estate  and  travel  services.  KSL  has  offices  in  Denver, Colorado, New York and London.  In addition to the property being sold, KSL’s current portfolio includes some of the premier properties in travel and leisure.    In the United Kingdom, funds advised by KSL own The Belfry in the West Midlands and the Malmaison and Hotel du Vin chains.  In the United States, funds advised by KSL own The James Royal Palm and ClubCorp, one of the world’s largest owners of private golf and business clubs. KSL also owns other premier recreation businesses, including Squaw Valley and Alpine Meadows, two of the leading ski resorts in North America; and Western Athletic Clubs, the owner and operator of luxury fitness clubs in California. For more information, please see www.kslcapital.com