Four Seasons Resort Scottsdale At Troon North – Braemar Hotels to acquire $267.8 million Scottsdale Four Seasons Resort for $407 million in available room revenue
Braemar Hotels & Resorts has entered into an agreement to purchase the Four Seasons Resort Scottsdale at Troon North in an all-cash deal for $267.8 million. (Four Seasons Hotels and Resorts)
Four Seasons Resort Scottsdale At Troon North
Braemar Hotels & Resorts has entered into a definitive agreement to purchase the 210-room Four Seasons Resort Scottsdale in Troon North for $267.8 million, or about $1.3 million per round. The property last sold in 2014 for $140 million.
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The Dallas, Texas-based hotel real estate investment trust is reportedly buying the 210-room property in an all-cash deal expected to close in the fourth quarter of this year.
The transaction is “the highest price paid for a key in the history of the Phoenix market,” according to Emmi Hise, senior director of hospitality market analysis. The next highest price per key in Phoenix is Waldorf Astoria Arizona Biltmore, $877 per key in 2007, $871 per key.
The hospital opened in 1999 and underwent a $20.7 million renovation in 2016. Amenities include spa treatments, a two-level pool, mountain views and proximity to two golf courses.
“The acquisition of Four Seasons Resort Scottsdale is an exciting opportunity to acquire a timeless luxury resort in a prime location in beautiful North Scottsdale,” said Richard Stockton, President and CEO of Braemar. “This outstanding property aligns perfectly with our strategy of investing in high-performing luxury hotels and resorts and further diversifies our portfolio.”
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Speaking to Hotel News at NYU’s 2022 Hotel Industry Investment Conference in June, Stockton described the company’s acquisition strategy as finding deals that are favorable to shareholders of ‘Braemar and to invest only in luxury properties.
Two of the deals last year were the $193 million Ritz-Carlton Resort Dorado Beach and the $65.4 million Mr. C Beverly Hills.
Stockton said his company has multiple profitable markets in every room it searches. As for the Four Seasons Resort Scottsdale at Troon North, Braemar will achieve a RevPAR of $407 by the end of 2022.
In June he said that the REIT plans to become a net buyer by 2022, with the aim of buying up to 20 hotels a year.
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“I’d like to finish another one by the end of the year. But again, I’ll be financially disciplined and make sure I don’t overpay.” “I can’t guarantee that we will get anything else this year because we looked at a lot and the numbers didn’t work for us in terms of the prices that the sellers are asking.” Seemingly surrounded by mountain ranges outside of Scottsdale, the Four Seasons Scottsdale is a resort in the truest sense of the word. It has a unique and authentic South West feel; local artists created sculptures, dark and light textiles, iron lighting and kiva fireplaces.
About 20 miles from downtown Scottsdale, the resort is accessible yet remote. Pinnacle Peak towers over the property, providing a backdrop of breathtaking views. Stroll among the saguaro cacti, take an outdoor hike, or book a picnic in the sky—picnic on the remote lawn, or even stargaze with a local astronomer.
It has three central pools; the main pool is two levels, so you can swim at the top before going down to the smaller pool below. There is a separate children’s pool and an adult-only pool with a heated pool. Rooms line the sidewalks, and attendants are on hand with towels, sunscreen, and drinks. Book a luxury cabana and you can even have your own entertainment system – TV and iPad.
The resort itself is a short walk from the pool area. Here, the reception area resembles the decor of the main hotel with dark wood, patterned chairs and tiled floors. Skin care products, swimwear, jewelry and gifts line the shelves. The salon is just off to one side, where you can have hair treatments, manicures, pedicures and make-up applications. Each transgender room has its own sauna, steam room and relaxation room, with lockers, large showers, and all the amenities you need to enjoy your stay your If you want to keep fit, there is also a gym, a studio for exercise classes and tennis courts. The staff are knowledgeable, friendly and always happy to help.
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My therapist, Karen, welcomed me into the cool, dark hall and led me into our treatment room. Karen explained that the massage involved more stretches and deeper tissue to loosen my tired and tight muscles. Then she started by massaging my face and scalp, hot stones along my chin – the tension really gets into weird places.
Karen then applied a hot towel to the front of my arms, shoulders and legs to warm up the larger muscle groups before focusing on working the arms. The heat was blissful and really made a difference to the treatment.
Karen asked me to turn around and focused on my calves and feet. He wiggled my leg, stretching my legs, ankles, and lower legs and applied intense pressure to penetrate deep into the muscle tissue. As my legs turned to jelly, Karen moved to my back and neck, this time using her hands, arms, and elbows to massage, roll, and loosen my muscles.
The massage was almost remedial and helped my body recover from tomorrow’s workout without 80 minutes of pure rest. When the treatment was over, I swaddled again and let Karen take me to the relaxation room, where she brought me a bowl of chocolate fudge – the perfect post-massage treat.
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If you are looking for something relaxing, try the Dream Catcher Massage, part of the Four Seasons bedtime services, a relaxing massage guided by long relaxation exercises. Four Seasons Scottsdale offers Omorowicz and Hydrafacial™ facials, body wraps and scrubs, manicures and pedicures, and treatments for men and women.
The resort has three dining options: poolside, Saguro Rose, which serves drinks, appetizers, salads, and heavy fare like burgers and tacos; Proof, an American diner, serves authentic Southwestern and American classics with a modern twist; Talavera is closer to a better meal than the advertised steak. We were blown away by the variety of fresh and beautifully presented food. Our chili sea bass and Kansas City steak were excellent.
There’s plenty for the little ones, but it feels like a place for a romantic getaway – the food is great, the design and decor is rich and fun, and the pools are perfect for a sunny afternoon. Take time to spend with your loved one.
Tourists: The road to Pinnacle Peak is only from the hotel car park and this place is another world for the Brits. The trail is about 3.5 miles long, so you can make it in time for a class at the spa… Be sure to avoid coyotes and coyotes.
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Evening aperitif at the Onyx Bar: Watch the sunset with your favorite tip. If you visit in the colder months, there is a fire pit to snuggle in, and if you are walking in the heat, the breeze over the valley makes it beautiful.
Massage therapy: Americans call it bodywork, and if you’ve been out for a walk or just strolled through the malls of Scottsdale, it feels like bliss.
“Warm and sun; spas that transport me to another land; fruity waters; precious pedicures on the beach; deep tissue massages.” For HRS Partners, the health and safety of your guests is a top priority. Enhanced hygiene and security measures are in place to protect your company from the spread of COVID-19 with clean and secure seals.
We are pleased to welcome you to the Four Seasons Resort of Scottsdale. When you stay in a place that is part of the Four Seasons family, you can be sure that all your needs will be met. There are many spas, but this is a prime example of its kind. It has all the benefits you would expect and more. If you need a car, you can rent one from reception and use the car park during your stay. Your pets can also stay in a well designated area. We have an excellent restaurant as well as our own café-bistro for delicious cold drinks. Relax or get active Find peace and relaxation in the sauna and hot tub.
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Can I cancel my reservation at Four Seasons Resort Scottsdale at Troon North for free?
Reservations up to 6 can be canceled free of charge. the day he arrived
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