Radisson Poco Diablo Resort
|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.
Thomas F. Morone
|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|