Omni buys PV’s Montelucia

omni-hotels-250x243By Philip Haldiman | The Republic |

An internationally known hotel operator has closed a deal with a private equity firm on the Montelucia Resort & Spa in Paradise Valley.

Omni Hotels and Resorts purchased the resort from Colorado-based KSL Capital Partners LLC.

Under the Omni brand, the luxury resort, at Tatum Boulevard and Lincoln Drive, will be renamed the Omni Scottsdale Resort & Spa at Montelucia.

The financial details of the transaction were not disclosed.

Texas-based Omni owns or operates about 60 luxury hotels and resorts in North America.




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