Hotel Online  Special Report



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Warnick & Company Sells the
Radisson Poco Diablo Resort

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PHOENIX, September 21, 2004 – Warnick & Company, acting as exclusive agent, represented Triple Tree Corporation in the recent sale of the Radisson Poco Diablo Resort to the Fort McDowell Yavapai Nation. The full-service 137-room hotel is located in Sedona, Arizona, an area known for its red rock beauty, temperate High Desert climate, and clean air and water.

For the Fort McDowell Yavapai Nation, this represented an extraordinary opportunity to return to their ancestral home, in the Arizona highlands, and provides them a strategic off-reservation investment.

The new owner plans a total renovation and repositioning of the resort and will retain the Radisson brand.

For Triple Tree Corporation, this represents their departure from the lodging industry. In 2002, Warnick & Company assisted in the sale of the company’s other resort hotel, the Pala Mesa Resort & Golf Club in San Diego County, California.

About Warnick & Company

Warnick & Company is a strategic advisory firm that specializes in lodging and recreational real estate.

The firm provides consulting, asset management, and investment banking services to investors, developers, financial institutions, hotel companies, and governmental agencies. With offices in Chicago, Phoenix, Los Angeles, and Washington D.C., the firm enjoys a national presence, but has not lost its boutique, client-driven focus.
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Warnick & Company’s organizational strength is represented not just in the team it has assembled, but in its affiliations and strategic alliances that allow the firm to reach out to specialists in other disciplines providing our clients access to specialized knowledge and services.  Members of the team are involved in numerous industry organizations, including the International Society of Hospitality Consultants (ISHC) and the Urban Land Institute.


 
Contact:

Thomas F. Morone
Warnick & Company (California), LLC
Phone: (310) 316-3957
http://www.warnickco.com

Also See: Warnick & Company Represeneted Hilton in Sale / March 2004
Warnick & Company Opens a Chicago Office, Expanding into Its Third National Market / Jan 2002
Arizona Lodging Insights / Year End 2000 / Warnick & Co. / March 2001 


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