Intercontinental Montelucia Resort Under New Ownership

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By Nichole • Jan 26th, 2010 • Category: Resorts and Spas

Valley fans of the InterContinental Montelucia Resort and Spa can breathe easy, the financial woes of the resort have been cured.

InterContinental Montelucia Resort & Spa recently announced Eurohypo AG has completed foreclosure proceedings and is the new owner of the award-winning Scottsdale luxury resort.

InterContinental Hotels & Resorts will continue to manage the property. The luxury resort continues business as usual under new ownership.

The resort experienced a tremendously successful year and has secured industry accolades and customer feedback on service standards, including 5 stars on TripAdvisor.com, AAA 4-Diamond award, and numerous awards and accolades. The property was also named to the “It List” of top 45 new hotels in the world by Travel + Leisure magazine and the Hot List of top new global hotels by Conde Nast Traveler for 2009.

“The resort exceeded set goals for operations and during the last quarter of 2009 has achieved great market share,” said Valeriano Antonioli, Managing Director of InterContinental Montelucia Resort & Spa. “Joya Spa and Salon have become a preferred destination for locals, Prado Restaurant and Mbar has established itself as a favorite for foodies, and there is a solid pipeline of upcoming weddings and events.”

“The year 2010 for the resort is about sharing the joys of discovery with our guests and furthering the impact the resort has made on the Scottsdale resort landscape,” added Antonioli. “We also have hired additional talent for the season and have been fortunate to secure more than 35 awards for the property, including a recent nod from Esquire magazine as one of the 20 best new restaurants in the country in 2009, one of the top three resort spas from American Spa magazine, and made the Platinum list from Smart Meetings magazine.”

Eurohypo AG is a leading international specialist bank for real estate and public finance. Eurohypo’s successful business model is based on a common platform of real estate and public finance. The bank is also the Pfandbrief issuer within the Commerzbank Group. The company is comprised of three primary divisions including real estate, public finance and treasury.

InterContinental Montelucia Resort & Spa is a signature property for InterContinental Hotels Group, the world’s largest hotel group by number of rooms. The property features 293 guest rooms including 39 suites and 2 presidential suites. The resort also offers 24-hour concierge service, 5 pools, 3 restaurants including the signature restaurant Prado, 4 bars, the 31,000-square-foot award-winning Joya spa, boutique shopping, a wedding venue and 27,000 square-feet of meeting space including multiple ballrooms and other guest amenities and services.

To learn more, visit www.icmontelucia.com or www.eurohypo.com.

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2 Responses »

  1. such a pretty resort, so glad to hear that.

  2. one of my faves!

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