Strategic Hotels & Resorts, Inc. closes acquisition of Four Seasons Resort Scottsdale at Troon North

CHICAGO, IL - Strategic Hotels & Resorts, Inc, today announced that the Company closed on the acquisition of the Four Seasons Resort Scottsdale at Troon North for $140.0 million, which includes 13.8-a

Strategic Hotels & Resorts, Inc. closes acquisition of Four Seasons Resort Scottsdale at Troon North

CHICAGO, IL – Strategic Hotels & Resorts, Inc, today announced that the Company closed on the acquisition of the Four Seasons Resort Scottsdale at Troon North for $140.0 million, which includes 13.8-acres of developable land zoned for an additional 88 hotel keys and potential incremental residential usage.

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The 210-guestroom, AAA Five Diamond destination resort is located on approximately 40-acres in the northern region of Scottsdale, Arizona.

The hotel features 22 suites, 24,000 square feet of indoor meeting space, a 14-treatment room spa, four food and beverage outlets and contractual access to 36 holes of championship golf at the adjacent Troon North Golf Club.

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