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Scottsdale, Arizona Based Walton Global Acquires the Historic Smoke Tree Resort Property in Paradise Valley, Arizona
Walton Global | June 30, 2022
PARADISE VALLEY, Ariz.--Walton Global, a real estate investment and land asset management company with US$3.6 billion under management, is pleased to announce its acquisition of the Smoke Tree Resort property located west of Scottsdale Road on Lincoln Drive in the Town of Paradise Valley, Arizona. The deal closed on June 29, 2022, with ST Holdings, a subsidiary of Scottsdale-based Walton Global Holding, LLC. Walton acquired the 5-acre property for $14 million with plans to build a new boutique hotel that will serve locals and support Arizona tourism. Walton intends to incorporate an elegance in the new design that Paradise Valley is kno...
Tucson Emerges Strongly from Pandemic, Outlook is Optimistic
Zabada Abouelhana | June 28, 2022
By Zabada N. Abouelhana Prior to the onset of the COVID-19 pandemic, Tucson’s lodging industry was reaching new heights. After eight years of growth spurred by a large-scale expansion at Raytheon Technologies, the relocation of Caterpillar and Hexagon to Tucson’s revitalizing downtown, and growth at the University of Arizona, performance had reached a new peak. This positive trend reportedly continued through the first months of 2020, which included the Tucson Gem & Mineral Show in February; however, the hotel industry begun to be affected by the COVID-19 pandemic mid-March. As travel restrictions were enacted across the w...
Pointe Hilton Squaw Peak Resort Completes $8.50 Million Resort Renovation
Pointe Hilton Squaw Peak Resort | October 12, 2017
PHOENIX– October 16, 2017 – Pointe Hilton Squaw Peak Resort has announced the completion of an extensive $8.5 million renovation. The updates encompass 224 North Pointe Suites, including the exclusive Presidential Suite, the remastered North Pointe lobby, and 48,000 square feet of flexible meeting space. The redesign celebrates the resort's 40th anniversary along with its colorful history and iconic location in the Valley of the Sun. Inspired by the rich surrounding landscapes of the Phoenix Mountain Preserve combined with bright accents, the transformation offers a modern and minimal design esthetic defined by local desert ...
