AZ Business Magazine
Corporación de La Fonda announced today that it has closed the sale of the Hassayampa Inn, a 67-room full-service art-deco hotel built in 1927 and located in Prescott.
The property was acquired by Michael V. Kouvelas, current general manager of the hotel. Kouvelas is an Arizona resident and second-generation hotelier as principal of Aris Ventures, LLC and owner of Aris Hospitality Management, LLC.
“We are excited for Michael and for the future of this iconic property, as it is a dynamic hotel in an incredible location, “ said Jennifer Kimball, chairman of the board of Corporación de La Fonda. “The hotel has been a beloved getaway and respite complete with historical charm and hospitality. We are confident that Michael will continue to build on its success.”
