April 20, 2024 4:17 am
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L’Auberge de Sedona, Orchards Inn purchased for $97M

The managers of L’Auberge de Sedona plan to expand the luxury hotel brand across the country. Photo courtesy of L’Auberge de Sedona

By Experience AZ

Three popular Sedona destinations were picked up by an affiliate of DiamondRock Hospitality Company, for $97 million, according to IMH Financial Corporation.

L’Auberge de Sedona, Orchards Inn Sedona and 89 Agave Cantina were purchased by DiamondRock, which plans to invest in property enhancements for the two hotels.

IHM Financial Corporation will continue to manage L’Auberge de Sedona, Orchards Inn and 89 Agave Cantina through a subsidiary. The managers have outlined plans to expand the luxury L’Auberge brand into new markets.

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